Merantix Capital launches €103M fund for early-stage European AI startups

Merantix Capital has announced the final close of its €103 million AI Fund, which will invest in early-stage AI-native companies across sectors including logistics, manufacturing, energy, finance, healthcare, life sciences, robotics, enterprise software, and physical AI. The fund’s limited partners include Union Investment, Jungheinrich, KPMG Germany, the Robert Wood Johnson Foundation, and the W.K. The fund builds on Merantix Capital’s first fund, which focused on venture st