MuleSoft founder’s DIG Ventures closes €106 million Fund III to back Europe’s AI and cloud infrastructure startups
DIG Ventures, the London-based venture capital firm backing the enterprise and cloud infrastructure companies underpinning the future of AI, has announced the close of its third fund at €106 million ($120 million). Fund III is backed by institutional LPs including Horsley Bridge, Sofina, Granite, and a leading US university endowment. The company also announced a […] The post MuleSoft founder’s…
DIG Ventures, the venture capital firm founded by MuleSoft's Ross Mason, has closed its third €106 million ($120 million) fund, Fund III. The London-based firm focuses on backing enterprise and cloud infrastructure companies driving the future of AI. Institutional investors such as Horsley Bridge, Sofina, Granite, and a leading US university endowment have provided LPs for the fund.
Notable entrepreneurial LPs include the founders of Slack, Datadog, Nord Security, Cast AI, Supercell, and Dash0. Following its initial €90 million Fund I for early-stage startups, DIG Ventures transitioned from being Mason's family office to becoming an operator-led partner team, guiding founders from day zero through to their first US customers.
Fund III will invest in 30 European pre-Seed and Seed-stage companies working on AI control points like data, identity, compliance, and orchestration layers.
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