Partech Ventures, a venture capital company with close to €1 billion (£880 million) at its disposal, decided to shelve its plans for a new London office as a result of Brexit. The transatlantic VC firm, which has offices in San Francisco, Paris, and Berlin, was thinking about opening a London office until the UK voted to leave the European Union on June 23, 2016. Business Insider first spotted the news in a report by The Financial Times on Monday.