Observed Signal · Oct 29, 2026 · Funding · Source: Tech.eu (European Tech & Deals) · Impact: 2/5 · Sentiment: Positive
Entourage closes €100M second fund for AI, robotics
European early-stage venture capital firm Entourage, founded by Showpad co-founder Pieterjan Bouten, has closed its second fund at €100 million, surpassing its initial €75 million target within two weeks. The fund is backed entirely by entrepreneurs, family offices, and private investors, including founders of Aikido, TechWolf, and Collibra. Entourage Fund II will invest in approximately 25 pre-seed and seed-stage companies across Europe and beyond, with initial investments ranging from €1 million to €5 million and capacity for follow-on investments. The firm focuses on AI, enterprise software, robotics, physical AI, and deeptech. Since its launch in 2024, Entourage has backed notable companies like Aikido Security, Conveo, and Lexroom. The firm has expanded its team, adding three investors, and opened offices in London and Paris. Entourage also operates Entourage Studio, a venture-building arm that co-founds new companies.
The news about a VC fund closing is relevant to the AdTech industry as it signals capital availability for AI and deeptech startups, potentially including advertising technology innovations.
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Key Takeaways & Evidence Grounding
- Entourage closed its second fund at €100 million, surpassing its €75 million target in two weeks.
- The fund is backed by entrepreneurs, family offices, and private investors, including founders of Aikido, TechWolf, and Collibra.
- Fund II will invest in around 25 pre-seed and seed-stage companies across Europe and beyond.
- Initial cheques range from €1 million to €5 million with capacity for follow-on investments.
- Entourage has expanded its team, adding three investors, and opened offices in London and Paris.
Connected Companies & Entities
2 Entities mapped“Entourage was founded by Showpad co-founder and former CEO Pieterjan Bouten.”
“Founders are among the investors in Entourage Fund II.”
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
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BY Venture Partners Closes $60M Fund III, Opens Lisbon Office
BY Venture Partners, a global early-stage venture capital firm based in Dubai, announced the final close of its third fund at $60 million and the opening of a new office in Lisbon, Portugal, to expand its European presence. The fund is anchored by the Dubai Future District Fund, with participation from regional institutional investors, corporate venture arms, and family offices, including Multi Lane, Transmed Capital, and the Idriss Family Office. With Fund III, the firm's total assets under management exceed $200 million. The new fund will invest up to $1 million in AI-native startups at pre-seed to Series A stages, focusing on companies that reimagine enterprise workflows and scale globally. To date, 15 investments have been made from the planned 40-company portfolio, including PQ Shield, Cosyne, Isometric, Huspy, and Invisible. The Lisbon office will support the firm's European strategy, led by two new local investment hires.
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