MuleSoft founder’s DIG Ventures closes $120M fund for AI infrastructure

DIG Ventures, the London-based firm led by MuleSoft founder Ross Mason, has closed its third fund at $120M. Fund III will back around 30 European pre-seed and seed-stage startups that build software infrastructure for AI. Its institutional backers include Horsley Bridge, Sofina, Granite and an unnamed US university endowment.