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Auriga closes €80 million toward second cybersecurity fund

Auriga closes €80 million toward second cybersecurity fund Image: EU-Startups
Auriga Partners announced an €80 million interim close for Auriga Cyber Ventures II, a fund targeting early-stage European cybersecurity startups. Backers include Bpifrance through the French National Seed Fund No. 3 and the European Investment Fund under InvestEU. The fund targets €100 million, with a €120 million hard cap, and plans investments of €500,000 to €5 million from pre-Seed through Series A. It will take minority stakes and reserve roughly half its capital for follow-on investments. Auriga says the fund has already invested in Finovox, Fleuret, Mankind's and Nextident. Its focus includes AI security, identity and data protection; it aims to back around 30 startups.
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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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