Urgent.News

What's breaking now, across thousands of outlets.

AI

Entourage raises €100M for second fund, targeting AI, robotics and deeptech

Europeanearly-stage venture capital firm Entourage has closed its second fund at €100million, just over two years after launching its first fund in 2024. The fundexceeded its initial €75 million targe...

Entourage raises €100M for second fund, targeting AI, robotics and deeptech

European venture capital firm Entourage has successfully raised €100 million for its second fund, just two years after launching its first fund in 2024. The firm, founded by Pieterjan Bouten, focuses on investing in early-stage technology companies across Europe and other markets, with a particular interest in artificial intelligence, robotics, and deeptech.

Since its inception, Entourage has invested in several successful European tech companies like cybersecurity startup Aikido Security, which reached unicorn status, and Lexroom, which achieved €30 million in annual recurring revenue within 24 months. With Fund II, Entourage plans to invest in approximately 25 companies at the pre-seed and seed stages, with initial investments ranging from €1 million to €5 million.

Brief written by urgent.news from Tech.eu's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at tech.eu →

More in AI

More from Thursday 29 October →