The fund was backed by a mix of loyal returning investors and large global institutional investors.

The new $320 million fund is across an early-stage fund and a growth fund.

The fund is supported by large financial institutions and corporate limited partners.

Fund II secured backing from 44 private investors and the Dutch government via the RVO Seed Capital arrangement.

The new fund was backed by a mix of institutional investors, corporates, and foundations, including Union Investment, Jungheinrich and KPMG Germany.

The new fund is backed by more than 40 AI founders and operators acting as limited partners.

The fresh fund saw backing from Banco Santander.

The round was supported by the British Business Bank, alongside a network of angel investors, founders, and family offices across the UK and Europe.