London-based enterprise capital agency DIG Ventures, identified for backing early-stage B2B SaaS, AI, and cloud startups, has formally closed its first institutional fund at €90 million (roughly $100 million). The agency’s newest fund goals to speed up the rise of high-impact tech startups rising throughout Europe, Israel, and choose elements of the US.
This new fund is supported by a robust lineup of buyers, together with The Hillman Firm, Granite Capital, Sofina, and Grove Avenue. Notable tech leaders have additionally joined as LPs, resembling Datadog founder Olivier Pomel and a number of other former MuleSoft executives, bringing each capital and deep business perception to the desk.
Ross Mason, Companion at DIG Ventures and founding father of MuleSoft, emphasised the timing and mission:
“We see an unlimited alternative in Europe proper now – that is the second for the subsequent technology of worldwide impactful tech firms to emerge. These founders mix deep technical brilliance with a robust underdog mentality, however the bridge between technical excellence and business success is usually lacking. That’s the place DIG is available in.”
With Fund II, DIG is doubling down on its operator-led strategy—not simply offering funding, but additionally supporting founders with hands-on operational expertise, Silicon Valley mindset, and world scaling methods.
DIG Ventures was initially based by Ross Mason and Klinger and has since expanded its management with the addition of Rytis Vitkauskas (founding father of YPlan, ex-Lightspeed) and Scott Grimes (co-founder of Stackin’ and Uproxx). The whole crew brings deep startup expertise, making them extremely efficient in guiding new founders from “zero to 1.”
Strategic Focus:
With the brand new fund, DIG will focus totally on early-stage investments in European B2B SaaS, cloud infrastructure, and AI startups—however will even think about choose alternatives in Israel and the US. The agency is already actively deploying the brand new capital and has backed over 15 firms.
A number of the most promising startups backed from this fund embody:
Dash0 – An observability platform created by Mirko Novakovic, founding father of Instana (acquired by IBM).
Nexos.ai – An AI orchestration platform by Nord Safety founders Tomas Okmanas and Eimantas Sabaliauskas.
PolyAPI – A contemporary enterprise middleware answer based by Darko Vukovic, a former govt at MuleSoft, Google, and Oracle.
Mirko Novakovic, founding father of Dash0, defined their option to companion with DIG:
“We selected DIG Ventures due to their distinctive working expertise scaling a SaaS firm to billion-dollar success, mixed with the hands-on, entrepreneurial spirit their total crew brings to the desk.”
Tomas Okmanas, co-founder of Nord Safety and founding father of Nexos.ai, added:
“As a serial entrepreneur I’ve seen each facet of the funding panorama. The DIG crew aren’t simply buyers; they’re within the trenches with us. Their assist is second to none – a real Founder’s Fund.”
About DIG Ventures:
Based in 2018 by MuleSoft’s Ross Mason, DIG Ventures is a pre-seed and seed-stage VC fund centered on B2B SaaS, AI, and cloud infrastructure. With a rising portfolio of startups and a founder-first strategy, DIG Ventures continues to strengthen its presence throughout the European startup ecosystem and past.
For extra insights and updates on Metaverse, DeFi, Blockchain, NFT & Web3, remember to subscribe to our publication. Keep knowledgeable on the most recent traits and developments within the decentralized world.
