Observed Signal · Apr 10, 2025 · Funding · Source: Tech.eu · Impact: 2/5 · Sentiment: Positive
DIG Ventures closes $100M fund for European B2B software startups
DIG Ventures, an early-stage venture capital firm focused on B2B SaaS, AI, and cloud infrastructure, announced the close of its first institutional fund at $100 million. Investors include The Hillman Company, Sofina, Granite Capital, Grove Street, Datadog founder Olivier Pomel, and former MuleSoft executives. Founded in 2018, DIG Ventures began as a family office and typically invests at pre-seed and seed stages. From the new fund, it has already backed more than 15 startups, including observability platform Dash0, AI orchestration platform nexos.ai, and enterprise middleware provider PolyAPI. The firm is operator-led, with partners who have built or scaled high-growth technology businesses. The raise reflects growing investor interest in European enterprise software, especially companies combining SaaS, AI, and cloud infrastructure.
A new $100M European early-stage VC fund focused on B2B SaaS, AI, and cloud infrastructure signals investment momentum in the broader technology ecosystem, but does not directly change AdTech or MarTech operations.
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Key Takeaways & Evidence Grounding
- DIG Ventures closed its first institutional fund at $100 million.
- Fund backers include The Hillman Company, Sofina, Granite Capital, Grove Street, Datadog founder Olivier Pomel, and former MuleSoft executives.
- DIG Ventures typically invests at pre-seed and seed stages and often writes the first institutional check.
- The firm deployed capital from the fund into more than 15 startups, including Dash0, nexos.ai, and PolyAPI.
- DIG Ventures was founded in 2018 as a family office.
Connected Companies & Entities
7 Entities mapped“The firm has already deployed capital from the new fund into over 15 startups, including: Dash0 – an observability platform founded by Mirko...”
“Backers of the new fund include a mix of prominent institutional and strategic investors such as The Hillman Company, Sofina, Granite Capita...”
“tech luminaries including Datadog founder Olivier Pomel...”
“several former MuleSoft executives...”
“Mirko Novakovic, who previously built Instana (acquired by IBM)...”
“PolyAPI – an enterprise middleware provider founded by Darko Vukovic, a former executive at MuleSoft, Google, and Oracle....”
“PolyAPI – an enterprise middleware provider founded by Darko Vukovic, a former executive at MuleSoft, Google, and Oracle....”
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