London-based VC DIG Ventures has raised a $100 million fund to back B2B SaaS, AI, and cloud infrastructure startups at the pre-seed and seed stages across Europe. LPs include The Hillman Company, Granite Capital, Sofina, and Grove Street.
- Founded in 2018 by Melissa Klinger, Ross Mason, DIG Ventures is a pre-seed and seed-stage fund investing in cloud infrastructure and B2B SaaS companies in Europe and the US.
- The firm has exited 3 startups and has several more in its portfolio, including People.ai, Karat, Bubble, ComplyAdvantage, PlanetScale, Rasa, Taktile, Rossum, Flock, and Prophecy.
- The firm plans to use the $100 million fund to invest in early-stage B2B SaaS, AI, and cloud infrastructure startups at the pre-seed and seed stages, primarily across Europe, with some consideration for startups located in the US.
- It aims to leverage its operator-led experience to assist with go-to-market strategy and execution, with a focus on supporting technical products.
"We started as a family office with a simple idea: find exceptional early-stage founders and help them build global companies. Today, we’re proud to be managing our first institutional fund, investing at pre-seed and seed in B2B SaaS, AI, and cloud infrastructure startups," DIG Ventures' team, commented on LinkedIn.
- DIG Ventures has already started deploying capital from the fresh $100 million fund into companies like:
- Dash0, an observability platform
- Nexos.ai, an AI orchestration platform
- PolyAPI, an enterprise middleware offering firm
- The new fund has secured backing from LPs such as The Hillman Company, Granite Capital, Sofina, and Grove Street. Additionally, Datadog founder Olivier Pomel and several MuleSoft executives participated in the round.
