Vsquared Ventures Closes €214M Fund to Invest in European Deep Tech Innovations

• Vsquared Ventures, an early-stage deep tech fund in Europe, has closed its Vsquared II fund at €214 million, surpassing the initial target of €165 million.
• The fund empowers founders to build groundbreaking technologies, foster global leaders in deep tech, and strengthen Europe's tech ecosystem.
• Vsquared II focuses on six key growth areas: AI and next-gen software, energy transition, new computing and sensing, new space, robotics and manufacturing, and tech-bio.
• The fund has already invested in innovative companies like Neura Robotics, Cylib, Quantune, Atrandi, Dynelectro, Lace Lithography, ConstellR, and Synthara.
• Vsquared Ventures has backed some of Europe's most promising deep-tech firms, including Isar Aerospace and IQM Quantum.
• Vsquared will deploy the new capital backed by a diverse group of limited partners, including Novo Holdings, the European Investment Fund, KfW Capital, and Lingotto.

Source: EU-Startups

B.O