Armilar Fund IV hits €120M first close to invest across Iberia and Europe
Armilar, a Southern European venture capital firm, has achieved a first close of €120 million for its fourth flagship fund, Armilar IV. The fund's successful launch highlights the growing momentum in Europe's technology sector and signals continued investment in early-stage ventures. This development is significant for the European tech ecosystem, as it provides crucial funding for innovative startups. Armilar IV will primarily focus on Series A funding rounds, with a strategic emphasis on the convergence of digital technologies and hard science. The fund's investment scope encompasses a range of sectors including AI, cybersecurity, software development, fintech, and digital transformation. The fund has attracted a diverse group of institutional investors, including the European Investment Fund and Spain's NextTech vehicle. The investments made by Armilar IV are expected to impact startups in Iberia and across Europe, supporting their expansion and global reach. This funding will play a key role in accelerating the development of innovative technologies and bolstering Europe's digital sovereignty. Further fundraising is planned, with the aim of doubling the fund's size by the end of 2026.
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