Ex-NGP Investor Launches €100m Deeptech Fund for Europe and US

A former NGP Capital investor is launching a new €100 million fund focused on deeptech ventures across Europe and the United States, backing both startups and other venture capital firms. The fund represents continued European investment appetite in technology sectors at the intersection of hard science and commercialisation.

Byte's take

Europe's deeptech bet just got a €100m vote of confidence from someone who knows how to pick winners. The fund backs startups and VCs across emerging sectors—quantum, advanced materials, biotech—that Brussels has flagged as critical to competing with the US and China.