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Dig Ventures Raises $120m to Fund Europe's AI Infrastructure Startups
Tech
4h agoSifted

Dig Ventures Raises $120m to Fund Europe's AI Infrastructure Startups

OptimisticReporting

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 take

Europe'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.

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