New VC Funds Europe Q1 2026: €8B Raised Across 41 Funds

Europe's venture capital market raised €8 billion across 41 new funds from February to May 2026. This funding wave signals where smart money is flowing, giving founders clear direction on which investors are actively deploying fresh capital. The new VC funds Europe Q1 2026 landscape shows strong appetite for AI and deeptech investments.

AI leads sector focus with 24 funds targeting artificial intelligence startups, while France and the UK dominate geography with 9 funds each. Seed-stage investing remains the primary focus across 28 funds.

Fund Name	Country	Size	Stage	Focus
Jeito Capital II	🇫🇷 France	€1B	Late Stage	Life Sciences
UK Sovereign AI Fund	🇬🇧 UK	£500M	Seed, Series A	AI, Defence
Lauxera Growth II	🇫🇷 France	€520M	Late Stage	HealthTech, Medical Devices
Lightrock Accelerate7	🇬🇧 UK	$500M	Series B, Late Stage	Energy, CleanTech
UVC Partners Fund	Germany	€400M	Seed, Series A	Deeptech, Climate
Mouro Capital Fund III	🇬🇧 UK	$400M	Multi-stage	Fintech, AI
Earlybird Fund VIII	🇩🇪 Germany	€360M	Pre-seed, Seed	AI, Deeptech
Partech Impact Fund	🇫🇷 France	€300M	Late Stage	Impact
futurepresent	🇩🇪 Germany	$300M	Pre-seed, Seed	AI, Infrastructure
Allianz APIC Fund	🇩🇪 Germany	$270M	Late Stage	Infrastructure, Energy
Join Capital Fund III	🇱🇺 Luxembourg	€235M	Pre-seed, Seed	Deeptech, Defence
Air Street Capital III	🇬🇧 UK	$232M	Pre-seed, Seed	AI, SaaS
Quantonation II	🇫🇷 France	€220M	Seed, Series A	Deeptech, AI
Kurma Biofund IV	🇫🇷 France	€215M	Seed, Series A	Life Sciences
Entrepreneurs First	UK	$200M	Pre-seed, Seed	AI, Robotics
KOMPAS VC Fund II	🇩🇰 Denmark	€160M	Seed, Series A	AI, Robotics
Illuminate Financial IV	🇬🇧 UK	$135M	Series B, Late Stage	AI, Fintech
Elaia DTS3	🇫🇷 France	€134M	Seed	Deeptech, Life Sciences
Samaipata III	🇪🇸 Spain	€110M	Seed, Series A	AI, SaaS
Eka Ventures Fund II	🇬🇧 UK	$107M	Pre-seed, Seed	Life Sciences, HealthTech
Mundi LatAm Fund I	🇪🇸 Spain	$100M	Series A, Series B	Fintech, HealthTech
Gamma Waves Partners	Netherlands	€100M	Late Stage	AI, Sports Tech
Ground State Ventures I	🇳🇱 Netherlands	$88M	Pre-seed, Seed	Deeptech, Quantum
Credo Ventures Fund V	🇨🇿 Czech Republic	$88M	Pre-seed	AI, SaaS
360 Capital Poli360 2	🇮🇹 Italy	€85M	Pre-seed, Seed	Deeptech
Unconventional Fund II	🇩🇰 Denmark	€80M	Pre-seed, Seed	CleanTech, HealthTech
DFF Ventures Fund III	🇳🇱 Netherlands	€70M	Pre-seed	AI, E-commerce
Newfund HEKA	🇫🇷 France	€60M	Pre-seed, Seed	AI, HealthTech
Passion Capital IV	🇬🇧 UK	€46M	Seed	AI, Fintech
Montis VC	Poland	€50M	Pre-seed, Seed	CleanTech, Infrastructure
Bondstone Maxwell I	🇵🇹 Portugal	€50M	Seed, Series A	AI, Life Sciences
Aqua-Spark African Fund	🇳🇱 Netherlands	$48M	Pre-seed, Seed	CleanTech, Agrifood
Skybound Fund I	🇬🇷 Greece	$38M	Pre-seed, Seed	Deeptech, Infrastructure
Herbert Zurich DeepTech	🇨🇭 Switzerland	€32.5M	Pre-seed, Seed	Deeptech
Expeditions	Poland	€31M	Seed, Series A	AI, Fintech
Cleo Ventures	🇫🇷 France	€30M	Pre-seed, Seed	AI
FIRSTPICK	Lithuania	€25M	Pre-seed	AI
JIC Ventures	🇨🇿 Czech Republic	€16.3M	Pre-seed, Seed	Deeptech, Cybersecurity
Breega	France	$8.5M	Seed, Series A	Fintech, SaaS
Arāya Sie Fund	🇬🇧 UK	£7.5M	Pre-seed, Seed	AI, Deeptech

Search and filter all funds by stage, sector, and geography at https://privateequitylist.com/aisearch

🇫🇷 New VC Funds in France Q1 2026

🇫🇷 Jeito Capital II Size: €1 billion Stage: Late Stage Ticket size: Not disclosed LPs: Not disclosed Focus: Life Sciences focused on breakthrough therapeutics and medtech Europe's largest life sciences fund targeting late-stage biotech companies.

🇫🇷 Lauxera Capital Partners (Lauxera Growth II) Size: €520 million Stage: Late Stage Ticket size: Not disclosed LPs: Not disclosed Focus: HealthTech and medical devices across Europe Specialized growth investor in European healthcare technology companies.

🇫🇷 Partech (Partech Impact Fund) Size: €300 million Stage: Late Stage Ticket size: Not disclosed LPs: Not disclosed Focus: Impact investments across multiple sectors First dedicated impact fund from the established French VC firm.

🇫🇷 Quantonation Ventures (Quantonation II) Size: €220 million Stage: Seed, Series A Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech and quantum computing technologies Leading European quantum and deep physics technology investor.

🇫🇷 Kurma Partners (Biofund IV) Size: €215 million Stage: Seed, Series A Ticket size: Not disclosed LPs: Not disclosed Focus: Life Sciences and biotechnology Established biotech investor with strong track record in European life sciences.

🇫🇷 Elaia (DTS3) Size: €134 million Stage: Seed Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech and life sciences French deeptech specialist with focus on B2B technology companies.

🇫🇷 Newfund (HEKA) Size: €60 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and HealthTech Early-stage fund targeting AI applications in healthcare.

🇫🇷 Cleo Ventures Size: €30 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI technologies New AI-focused fund targeting European early-stage startups.

🇫🇷 Breega Size: $8.5 million Stage: Seed, Series A Ticket size: Not disclosed LPs: Not disclosed Focus: Fintech and SaaS Continuation fund from established European early-stage investor.

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🇬🇧 New VC Funds in UK Q1 2026

🇬🇧 UK Government (Sovereign AI Fund) Size: £500 million Stage: Seed, Series A Ticket size: Not disclosed LPs: UK Government backing Focus: AI and defence technologies Government-backed fund prioritizing AI sovereignty and national security applications.

🇬🇧 Lightrock (Accelerate7) Size: $500 million Stage: Series B, Late Stage Ticket size: Not disclosed LPs: Not disclosed Focus: Energy and CleanTech Growth investor targeting energy transition and climate solutions.

🇬🇧 Mouro Capital (Fund III) Size: $400 million Stage: Multi-stage Ticket size: Not disclosed LPs: Santander backing Focus: Fintech and AI Bank-backed fund with strong fintech connections and global reach.

🇬🇧 Air Street Capital (Fund III) Size: $232 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and SaaS AI-native fund with deep technical expertise and strong founder network.

🇬🇧 Entrepreneurs First Size: $200 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and robotics Company builder program with global reach and technical talent focus.

🇬🇧 Illuminate Financial (Early Growth Fund IV) Size: $135 million Stage: Series B, Late Stage Ticket size: Not disclosed LPs: Not disclosed Focus: AI and Fintech Growth-stage fund targeting profitable fintech and AI companies.

🇬🇧 Eka Ventures (Fund II) Size: $107 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: Life Sciences and HealthTech Healthcare-focused fund with scientific advisory network.

🇬🇧 Passion Capital (Passion IV) Size: €46 million Stage: Seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and Fintech Established UK seed investor with strong founder community.

🇬🇧 Arāya Ventures and Sie Ventures (Arāya Sie Fund) Size: £7.5 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and Deeptech Joint fund targeting early-stage technical founders.

🇩🇪 New VC Funds in Germany Q1 2026

🇩🇪 UVC Partners Size: €400 million Stage: Seed, Series A Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech and climate technologies Leading German deeptech investor with strong corporate connections.

🇩🇪 Earlybird Venture Capital (Fund VIII) Size: €360 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and deeptech Established European VC with strong track record in B2B technology.

🇩🇪 futurepresent Size: $300 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and infrastructure New fund targeting foundational AI and infrastructure technologies.

🇩🇪 Allianz Global Investors (Asia Pacific Infrastructure Credit Fund) Size: $270 million Stage: Late Stage Ticket size: Not disclosed LPs: Allianz backing Focus: Infrastructure and energy Insurance-backed fund targeting infrastructure debt and equity.

🇳🇱 New VC Funds in Netherlands Q1 2026

🇳🇱 Gamma Waves Partners Size: €100 million target Stage: Late Stage Ticket size: Not disclosed LPs: Not disclosed Focus: AI and sports technology Permanent capital vehicle targeting AI applications in sports and entertainment.

🇳🇱 Ground State Ventures (Fund I) Size: $88 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech and quantum computing New fund specializing in quantum technologies and deep physics.

🇳🇱 DFF Ventures (Fund III) Size: €70 million Stage: Pre-seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and e-commerce/marketplace Early-stage fund targeting AI applications in commerce and marketplaces.

🇳🇱 Aqua-Spark (African Blue Economy Fund) Size: $48 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: CleanTech and agrifood Impact fund targeting sustainable food systems and aquaculture.

🇪🇺 New VC Funds in Other European Countries Q1 2026

🇱🇺 Join Capital (Fund III) Size: €235 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech and defence European fund targeting dual-use technologies and defence applications.

🇩🇰 KOMPAS VC (Fund II) Size: €160 million Stage: Seed, Series A Ticket size: Not disclosed LPs: Not disclosed Focus: AI and robotics Nordic fund with strong technical expertise in AI and robotics.

🇪🇸 Samaipata (Samaipata III) Size: €110 million Stage: Seed, Series A Ticket size: Not disclosed LPs: Not disclosed Focus: AI and SaaS Spanish fund targeting B2B software and AI applications.

🇪🇸 Mundi Ventures (LatAm Fund I) Size: $100 million Stage: Series A, Series B Ticket size: Not disclosed LPs: Not disclosed Focus: Fintech and HealthTech Cross-border fund targeting Latin American fintech and health companies.

🇨🇿 Credo Ventures (Fund V) Size: $88 million Stage: Pre-seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI and SaaS Central European fund with strong regional network and AI focus.

🇮🇹 360 Capital (Poli360 2) Size: €85 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech Italian deeptech investor with university partnerships and technical expertise.

🇩🇰 Unconventional Ventures (Fund II) Size: €80 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: CleanTech and HealthTech Nordic impact fund targeting climate and health solutions.

🇵🇱 Montis VC Size: €50 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: CleanTech and infrastructure Polish fund targeting climate technology and sustainable infrastructure.

🇵🇹 Bondstone (Maxwell Technologies I) Size: €50 million Stage: Seed, Series A Ticket size: Not disclosed LPs: Not disclosed Focus: AI and life sciences Portuguese fund targeting AI applications and biotech companies.

🇬🇷 Skybound (Fund I) Size: $38 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech and infrastructure Greek fund targeting technical founders in deeptech and infrastructure.

🇨🇭 Herbert Ventures (Zurich DeepTech Fund) Size: €32.5 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech Swiss fund leveraging university partnerships for deeptech investments.

🇵🇱 Expeditions Size: €31 million Stage: Seed, Series A Ticket size: Not disclosed LPs: Not disclosed Focus: AI and Fintech Polish fund targeting early-stage AI and financial technology companies.

🇱🇹 FIRSTPICK Size: €25 million Stage: Pre-seed Ticket size: Not disclosed LPs: Not disclosed Focus: AI technologies Baltic fund focusing on AI startups across the region.

🇨🇿 JIC Ventures Size: €16.3 million Stage: Pre-seed, Seed Ticket size: Not disclosed LPs: Not disclosed Focus: Deeptech and cybersecurity Czech fund targeting technical startups with security applications.

What This Means For Founders

• AI startups have unprecedented access to capital with 24 funds actively investing, but competition for deals will be fierce across all stages from pre-seed to growth.
• Life sciences and healthtech founders should target France, which hosts three major funds including Europe's largest life sciences fund at €1 billion.
• Pre-seed and seed companies have the most options with 28 funds actively investing at these stages, particularly strong in Germany and the Netherlands.
• CleanTech and climate companies should focus on Nordic and German funds, which show strong sectoral focus and government backing.
• Late-stage companies face a more concentrated market with only 10 funds investing at Series C+, making preparation and positioning crucial for successful raises.

Search and filter all funds by your stage, sector, and location at https://privateequitylist.com/aisearch

The new VC funds Europe Q1 2026 landscape shows strong capital deployment across AI and deeptech sectors. These 41 funds represent active investors with fresh capital ready to deploy. Find the right investors for your raise at https://privateequitylist.com/aisearch