# Monte Carlo Capital closes €13 million toward second venture fund

_Published Friday, October 9, 2026 at 10:51 AM EDT · Capital · Latest · Tier 2 — Notable_

![Monte Carlo Capital closes €13 million toward second venture fund — Primary](https://www.eu-startups.com/wp-content/uploads/2026/10/Monte-Carlo-Capital.png)

Monte Carlo Capital announced a €13 million first close for Fund II, which targets €26 million. The Monaco-based venture firm says the fund has already made five investments and that most investors in Fund I have recommitted.

Fund II primarily invests at Seed, with selective investments at pre-Seed and Series A, targeting DeepTech, AI, SpaceTech and enterprise software. The firm combines its funds with separate vehicles for co-investments. Its first fund closed at over €11 million in 2025; the second fund's €26 million target has not yet been reached.

## Sources

- [EU-Startups](https://www.eu-startups.com/2026/10/monte-carlo-capital-raises-e13-million-for-fund-ii-to-invest-in-early-stage-deeptech-ai-and-spacetech/)

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Canonical: https://techandbusiness.org/newswire/twBuD1p6ou0XmvspjQIhEN
Published: 2026-10-09T14:51:31.472Z
Story chronology: 2026-10-09T14:07:44.000Z
Retrieved: 2026-10-09T17:10:35.167Z
Publisher: Tech & Business (techandbusiness.org)