French VC 360 Capital launches Poli360 2 with €85 million to back European DeepTech startups
French venture capital firm 360 Capital has announced the first close of its new technology transfer fund, Poli360 2, at €85 million, with a target of €100 million. This initiative aims to bolster early-stage DeepTech startups across Europe, underscoring a significant trend in specialized venture capital funding. The fund's investors include prominent entities like the European Investment Fund (EIF), CDP Venture Capital, Italian pension funds, family offices, and corporate investors, signaling broad institutional and industry support for European technological innovation. Poli360 2 will focus on transforming cutting-edge European research into globally competitive companies, working closely with universities, research centers, and visionary founders. This strategy aligns with a wider European push to foster homegrown technological champions and enhance digital sovereignty. The fund’s launch is situated within a broader wave of specialized VC fund formations targeting DeepTech, ClimateTech, and industrial innovation across the continent. The European DeepTech investment landscape is seeing substantial activity, with other recent fund raises including Elaia's €134 million for early-stage DeepTech, Constructor Capital's €92.8 million for DeepTech software and EdTech, and Armilar's €120 million for DeepTech and digital transformation ventures. These substantial capital injections, alongside funds from Kembara, OSS Ventures, Montis VC, SlateVC, 2150, Future Energy Ventures, and PureTerra Ventures, highlight a robust commitment to advancing key technological sectors and fostering European digital resilience.
Curated and translated by Europe Digital for our multilingual European audience.
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