{
  "id": 11132517,
  "title": "MuleSoft founder’s DIG Ventures closes €106 million Fund III to back Europe’s AI and cloud infrastructure startups",
  "url": "https://urgent.news/2026/10/01/mulesoft-founders-dig-ventures-closes-106-million-fund-iii-to-back",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T07:00:04.000Z",
  "source": {
    "name": "EU-Startups",
    "slug": "eu-startups",
    "url": "https://www.eu-startups.com/2026/10/mulesoft-founders-dig-ventures-closes-e106-million-fund-iii-to-back-europes-ai-and-cloud-infrastructure-startups/"
  },
  "original_language": "en",
  "account": "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.",
  "summary": "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…",
  "key_points": [],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/11132517.png",
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Sifted",
        "title": "Exclusive: Dig Ventures raises $120m to back Europe’s AI infrastructure startups",
        "url": "https://urgent.news/2026/10/01/exclusive-dig-ventures-raises-120m-to-back-europes-ai-infrastructure",
        "published": "2026-10-01T04:30:53.000Z"
      },
      {
        "outlet": "Tech.eu",
        "title": "DIG Ventures closes $120M Fund III to back Europe’s AI infrastructure startups",
        "url": "https://urgent.news/2026/10/01/dig-ventures-closes-120m-fund-iii-to-back-europes-ai-infrastructure",
        "published": "2026-10-01T07:15:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}