Tech.euTamara Djurickovic
DIG Ventures closes $120M Fund III to back Europe’s AI infrastructure startups
European venture capital firm DIG Ventures has closed its third fund at $120 million to invest in early-stage
companies building AI-native enterprise and cloud infrastructure. Fund III is
backed by limited partners including Horsley Bridge, Sofina, Granite and a
leading US university endowment fund. Its entrepreneur LPs include founders
behind Slack, Datadog, Nord Security, Cast AI, Supercell and Dash0.
The fund plans to back approximately
30 European companies at the pre-seed and seed stages, with a focus on
infrastructure underpinning AI-native enterprise software.
DIG intends to lead
most of the rounds and has already begun deploying capital from the fund.
DIG's investment thesis centres on the
infrastructu…
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