Blue Lake VC closes in on first fund with British Business Bank backing for immigrant-led startups

UK-based Blue Lake VC has secured a cornerstone commitment from the British Business Bank, the UK’s largest institutional investor in venture capital. Ukrainians David Gilgur and Lyubov Guk, founding…

New €34M Nucleo Ventures fund targets startups and SMEs across Central and Eastern Europe

Fortech Ventures announces the launch of a €34 million investment fund and its transition to a new public identity, Nucleo Ventures. Developed in partnership with the North-West Regional Development …

Main Capital doubles down on enterprise software with €5.25 billion fund close

European enterprise software investors Main Capital Partners announced today that Main Capital IX and Main Foundation III have together closed over €5.25 billion in commitments. Main Capital IX close…

Revolut and Synthesia early backer Seedcamp raises $320M, invests in US

An early backer of Revolut and Synthesia has raised $320m and is deploying the capital across two funds, as it looks to discover the top European companies of the future.London-headquartered Seedcamp…

Earlybird and AVP launch E2D, a €500M defence and dual-use growth fund

Earlybirdand AVP have announced the launch of E2D, a €500 million growth-stage fundfocused on defence and dual-use technologies. The fund will invest in Europeandefence and deeptech companies and repr…

BAE Systems launches €50M push to help European defence startups scale

BAE Systems is committing €50 million to VC funds focused on backing European defencetech startups. The investments will expand on the Company’s longstanding approach to investing in future technology…

EXANTE launches €1M fund to support critical open-source infrastructure

Global prime broker EXANTE has launched Gecko Fund, a €1 million grant programme designed to support open-source softwareprojects that play a critical role in trading systems, financial datainfrastruc…

Wave Ventures marks decade with €10M fund and founder grants

Nordic venture capital firm Wave Ventures has announced the final closeof its third fund at €10 million, marking a significant increase from itsprevious €2 million fund and a decade since it was found…

Anterra Capital reaches $100M first close for Fund III to back next-gen food and agritech innovation

Anterra Capital, a specialist venture firm investing in food and agriculture, today announced its $100 million first close of Fund III. Founded in 2013 with offices in Amsterdam and Boston, the firm …

Pitchdrive raises €60M to back Europe’s AI-native founders

European pre-seed venture capital investor Pitchdrive hasclosed its fourth fund at €60 million, exceeding its initial €50 milliontarget. The fund is fully backed by private investors, with no governme…