DIG Ventures closes $120M fund for European AI infrastructure
DIG Ventures has closed a $120 million fund to invest in early-stage European startups that build the technical foundations for AI-powered enterprise and cloud services. Backed by major institutional and founder investors, the fund aims to support about 30 pre-seed and seed companies focused on data, compliance, identity, and orchestration. DIG plans to lead most rounds and has already started investing.
- Fund III targets 30 European AI infrastructure startups
- Focus is pre-seed and seed stage
- Backers include Horsley Bridge, Sofina, Granite, US university endowment
- Portfolio companies get support for global expansion
- DIG previously saw strong US entry and capital raises
Sources covering this
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