Each quarter, Vestbee compiles a comprehensive list of newly launched VC funds to keep startups and the VC ecosystem informed about new opportunities and evolving funding trends. This time, we’ve gathered all the funds launched in Q2 2025. The list includes VCs from the CEE region investing both locally and across Europe, firearms headquartered in other European countries, and global investors with offices in the US and the UK that support founders worldwide.
New VC funds from CEE
- Orbit Capital, a venture firm based in Prague and Warsaw, has completed a €70 million first close of its Growth Debt II fund, aiming for a total of €100 million. The fund invests in scaleups, offering ticket sizes ranging from €3 million to €10 million.
- Rockaway Ventures, a Prague-based investment fund under the Rockaway Capital group, has closed its second fund at nearly €55 million to back late-seed and Series A startups across CEE and Western Europe.
- Polish VC firm Movens Capital has launched a €60 million multi-stage fund to invest in CEE-founded startups at pre-seed, seed, and Series A+ stages. As of Q2 2025, it has achieved a €40 million close.
- Vilnius-based VC firm Iron Wolf Capital has raised €30 million for its second fund, with a final target of €100 million. It will support and scale deeptech startups across Estonia, Latvia, Lithuania, and Baltic founders globally.
- Vilnius-based second-hand marketplace app Vinted has launched Vinted Ventures. It aims to invest in Series A to C startups driving re-commerce and encouraging sustainable consumer behavior. Cheques will range from €500,000 to €10 million.
New VC funds from Europe
- Berlin-based venture capital firm Project A has raised a €325 million Fund V. It aims to make 15 to 20 yearly investments in pre-seed and seed startups focusing on defence, fintech, AI, and supply chain software.
- London-based Atempo Growth, a pan-European growth debt platform, has completed the first close of its second fund, Atempo Growth II, at €300 million. It will support high-growth startups across Europe, from Series A to pre-IPO.
- Paris-based VC Revaia has closed its second growth fund at €250 million. The fund will back European growth-stage companies in sectors such as energy transition, AI for insurance, and cybersecurity.
- London and Helsinki-based VC firm OpenOcean has closed its €100 million fourth fund to support early-stage AI, data, and software development startups across Europe. The firm aims for a €130 million final close in H1 2025.
- Berlin-based VC Revent has raised its second fund of €100 million to invest across Europe. The fund will write €500,000-3 million cheques into 34 pre-seed and seed-stage startups, with half the fund reserved for follow-ons.
- London-based VC firm DIG Ventures has raised a $100 million fund to back B2B SaaS, AI, and cloud infrastructure startups at the pre-seed and seed stages across Europe.
- UK Volution has launched a $100 million fund in partnership with Japanese SBI Investment. The fund is designed to support British fintech, AI, and SaaS scaleups with at least £5 million in ARR that need additional capital to scale internationally.
- Copenhagen-based early-stage investor PSV has launched a €70 million Fund II to support founders across the Nordics. It will invest in AI, software, and digital infrastructure.
- Osney Capital has raised an oversubscribed £50 million fund to support 30 early-stage cybersecurity startups across the UK. Ticket sizes will range from £250,000 to £2.5 million, along with follow-on investments in Series A rounds.
- London-based Meridian Health Ventures has raised a €44.7 million transatlantic fund in partnership with National Health Service trusts. The recent fund aims to support UK healthtech and medtech startups.
- Keen Venture Partners has received a €40 million commitment from the European Investment Fund (EIF) to its new European Defence and Security Tech Fund. The fund, targeting €125 million, will back up to 25 early-stage dual-use startups.
- Finnish early-stage firm Nordic Foodtech VC has announced the first close of its second fund, securing €40 million toward a total target of €80 million. It invests in pre-seed and seed startups tackling challenges in the food system.
- German First Momentum Ventures, a pre-seed investor focused on B2B tech and deeptech founders, has closed a €35 million Fund II. It plans to back up to 35 startups across sectors such as AI, energy, automation, and industrial tech.
- Barcelona-based firm Masia has closed a €20 million angel fund, born out of Aldea Ventures' fund of funds. It plans to deploy capital across 60 pre-seed and seed-stage investments to support the local founders and connect them with European investors.
- Amsterdam-based VC firm TIN Capital has raised an additional €15 million for its Cyber Tech Fund V, targeting €80 million. It plans to invest in 12 European cybersecurity scaleups.
- Brussels-based VC ScaleFund has secured €12 million toward a target of €30 million. The firm will back digital transformation, deeptech, and cleantech early-stage startups across Benelux and France.
- Helsinki-based VC firm Wave Ventures has launched its third fund, raising €7 million to support Gen Z founders across the Nordics and Baltics. Fund III will focus on early angel and pre-seed rounds, with investments up to €100,000.
- Belgian Biotope Ventures has secured €5 million in the first close of its second fund, with a target of €9 million over the next 18 months. The firm aims to invest €250,000 each in up to 30 early-stage biotech startups globally.
New VC funds investing globally
- Cathay Innovation has closed a €1 billion fund to back AI-driven startups globally across sectors like digital health, fintech, and energy. Around 30 investments will target European startups, with the rest going to the US and Asia.
- Bosch Ventures has launched a €250 million Fund VI to support early-stage and scaleup deeptech firms globally in areas such as AI, energy efficiency, automation, climatetech, and quantum computing.
- Danish firm KOMPAS VC has closed a €150 million Fund II. It aims to back 25 startups worldwide that develop industrial technologies to cut emissions, improve productivity, and protect businesses from global risks.
