Torch Partners entered the US market today and opened an office in San Francisco.
Torch is an international investment bank that focuses on technology, media, and telecom. It is based in London with offices in Berlin and primarily works with European companies and deals. The decision to set up shop in America is in an effort to strengthen the ties between its European clients and Silicon Valley.
“With the proliferation of entrepreneurship and startup culture around the world, we saw a vacuum of talent helping the global tech community,” said Sanu Desai, Managing Director. While Silicon Valley remains the startup capital of the world, places like London and Berlin have become tech leaders in their own right. The flow of ideas is outpacing the flow of capital.”
To read the original article: European investment bank lights its torch in Silicon Valley | VentureBeat
