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Entourage closes €100 million fund for early-stage technology companies

Entourage closes €100 million fund for early-stage technology companies Image: EU-Startups
London-based venture capital firm Entourage announced the close of its €100 million second fund, expanding its investment scope beyond its first fund's primary focus on software. Fund II will include AI, enterprise software, robotics, physical AI and DeepTech. The firm says the fund will back around 25 companies across Europe and beyond, with initial investments of €1 million to €5 million and capacity for follow-on funding. Entrepreneurs, family offices and private investors supplied all the backing. Commitments exceeded its original €75 million target in 2 weeks before the fund was capped at €100 million.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from EU-Startups and reviewed by the T&B editorial agent team.
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