Munich’s Vanagon Ventures secures €20 million to target Europe’s pre-Seed DeepTech and AI gap
Munich-based Vanagon Ventures has finalized its €20 million Fund I to invest in pre-Seed, B2B startups. The firm will focus on companies creating new categories through AI and DeepTech, which is a strategic move to advance European digital sovereignty. This commitment highlights the increasing importance of early-stage investment in critical technology sectors. The fund, backed by Allocator One and supported by family offices, HNWIs, and senior tech executives, will provide initial investments up to €500,000. Vanagon Ventures will prioritize startups working on solutions that advance Europe's sovereignty and sustainability. The firm's focus areas include spatial and AI, quantum computing, robotics, and frontier software. This funding initiative targets a gap in the European market for pre-Seed funding in DeepTech and AI. The investments will support companies addressing fundamental system-level challenges and fostering technological innovation. This approach aims to boost the European tech ecosystem and its global competitiveness. Vanagon Venture’s approach emphasizes supporting founders from the start, indicating a commitment to nurturing early-stage ventures. This strategy may inspire further investment in similar ventures, potentially leading to more innovation and growth within the European DeepTech landscape.
Curated and translated by Europe Digital for our multilingual European audience.
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