Dig Ventures has secured $120m to invest in approximately 30 European early-stage AI infrastructure companies. The fund targets pre-seed and seed-stage startups across the continent, supporting the EU's push for tech sovereignty and reducing dependence on non-European AI providers. This reflects growing venture capital momentum in European deep tech and AI ecosystems.
Byte's takeEurope's betting on homegrown AI muscle rather than importing American brain. Dig Ventures' $120m fund backs 30 early-stage European AI infrastructure startups, directly advancing the EU's digital sovereignty agenda against US-dominated competitors.