DIG Ventures closes $120M Fund III to back Europe’s AI infrastructure startups

European venture capital firm DIG Ventures has closed its third fund at $120 million to invest in early-stage companies building AI-native enterprise and cloud infrastructure. Fund III is backed by limited partners including Horsley Bridge, Sofina, Granite and a leading US university endowment fund. Its entrepreneur LPs include founders behind Slack, Datadog, Nord Security, Cast AI, Supercell and Dash0.