The fresh fund saw support from the European Investment Fund (EIF), Dutch pension fund PME, research institute TNO, bank ABN AMRO, and the regional development agency LIOF.

Meet myoact, Hookle, COBY, Audomate, MarketSizer, Aiffin, Nexfluence, Midcontract in the latest series of Startups of the month.

The Sofinnova Capital XI fund round was supported by a global mix of institutional investors, including sovereign wealth funds, leading pharmaceutical companies and corporates, insurance companies, foundations, and family offices from Europe, North America, Asia, and the Middle East.

Vendep Capital’s Fund IV is backed by existing institutional investors, including Tesi, KRR, Sitra, Pension Insurance Company Elo, Saastamoinen Foundation, Gösta Serlachius Fine Arts Foundation, and Teknologiateollisuus

Balnord plans to invest in at least 22 companies out of its Fund I, with initial cheque sizes ranging from €500,000 to €3 million.

The new fund will invest in around 30 impact-driven companies tackling climate and social challenges, bringing Rubio’s total assets under management to €220 million.

Amsterdam-based TIN Capital secured a €20 million investment from the European Investment Fund (EIF), bringing its European Cyber Tech Fund V to a final closing of over €80 million.

The new funds were supported by Sequoia Capital’s longstanding limited partners.