The new fund has appointed Enrique Domínguez, founder of Spanish hotel operator Gaiarooms, which manages over 100 properties and 1,500 rooms, as Head of Investment Strategy.

Vestbee has compiled an extended list of venture capital funds launched in the fourth quarter of 2025. All of them invest in European founders.

Meet Apheros, Aproco, Fortyx Security, Northscope, Boldr, Floatech, ResQuant PQC, Ruby Care, Evermuse, and Eterny in the latest series of Startups of the month.

The fund is supported by a diverse group of institutional investors, corporates, family offices, and long-term partners.

The new funds are supported primarily by PFR Ventures through capital from the European Funds for a Modern Economy (FENG) programme, with additional backing from private investors.

The Aneli Capital €35M fund is supported by the National Lithuanian Development Bank (ILTE) and a fund of Warsaw-listed Magna Polonia.

The €125 million Indico Fund III round was supported by the European Investment Fund (EIF), which provided a €30 million anchor commitment.

Day One Capital breaks down its new fund, insights from previous vintages, and the market signals it sees across Central and Eastern Europe’s tech ecosystem.