Barcelona-based Enzo Ventures closes €20M Fund II backing Southern European founders

Barcelona-based Enzo Ventures has closed its second fund, a €20m fund which is backing Southern European founders at the pre-seed stage. Fund II follows Enzo’s strategy it began in 2023, when it invested in its first fund, which backed Southern European founders and diaspora entrepreneurs at the very start of their journey. Enzo says Fund II has been designed around a simple principle: keep doing what worked in Fund I, a €10m fund, but with more capital and a stronger platform behind it.