The fund is anchored by British Business Bank, with participation from returning LPs Aldea Ventures, Sella Venture Partners, and Molten Ventures.
The fund is backed by around 50 investors, including family offices such as The Millers Office.
The new fund is targeting €100 million from institutional investors and family offices, with the first close planned before the end of 2026.
The fund was backed by new investors Lumina Foundation, Zanichelli, and PI Impact, alongside existing LPs.
The fund is backed by family offices, angels, entrepreneurs, and operators across Europe, the US, and Asia Pacific.
The fund was backed by Realdania, EIFO, Dansk Vækst Kapital, and Sampension.
The first close was backed by the British Business Bank and Molten Ventures.
The fund attracted commitments from pension plans, insurance companies, family offices, public and institutional investors.