Barcelona VC Fund Closes €20M to Back Southern European Startups

Barcelona-based Enzo Ventures has raised €20 million for its second fund, targeting pre-seed stage founders across Southern Europe. The fund continues the firm's strategy of backing early-stage companies in the region, expanding its investment activity in Spain, Portugal, Italy, and Greece.

Byte's take

Southern Europe finally gets proper early-stage fuel—but €20M barely dents the VC gap versus Northern rivals.