Key Takeaways
- • Entourage Ventures closed its second fund, Entourage Fund II, at €100 million, oversubscribed against an original €75 million target, according to the firm.
- • The fund will back approximately 25 pre-seed and seed-stage companies across Europe and other markets, with initial checks of roughly €1 million to €5 million.
- • The firm reportedly reached its target within two weeks of beginning its first fundraising outreach.
- • Fund II is backed entirely by entrepreneurs, family offices, and private investors; target sectors include AI, enterprise software, robotics, physical AI, and deep tech.
- • Entourage is expanding its team with three new hires and opening a London office while keeping its Paris presence.
Summary
Entourage Ventures has closed its second fund at €100 million, according to the venture capital firm, exceeding its original €75 million target. The firm said it reached that target within two weeks of starting its first fundraising outreach before ultimately closing the vehicle at €100 million. Fund II is backed entirely by entrepreneurs, family offices, and private investors, rather than institutional limited partners, per the firm's announcement.
The fund will invest in approximately 25 pre-seed and seed-stage companies across Europe and other markets, with initial investments ranging from roughly €1 million to €5 million. Target sectors include artificial intelligence, enterprise software, robotics, physical AI, deep technology, and related technology markets. Entourage said its approach remains centered on establishing conviction early, investing before businesses reach later stages, and allowing founders to retain substantial control over their companies. The larger vehicle significantly expands the capital available for that strategy.
Entourage launched in 2024 and has since made early investments in companies including Aikido Security, Conveo, and Lexroom. The fund follows the firm's initial period of investing in European technology startups and gives it substantially more capacity to participate in pre-seed and seed financing rounds.
Alongside the Fund II launch, Entourage is expanding its organization. The firm has added Erwan Gardelle, Sixtine Riescher Tuczkiewicz, and Illja Schiller to its team, and is opening a new London office while maintaining its presence in Paris.
The fund will invest in approximately 25 pre-seed and seed-stage companies across Europe and other markets, with initial investments ranging from roughly €1 million to €5 million. Target sectors include artificial intelligence, enterprise software, robotics, physical AI, deep technology, and related technology markets. Entourage said its approach remains centered on establishing conviction early, investing before businesses reach later stages, and allowing founders to retain substantial control over their companies. The larger vehicle significantly expands the capital available for that strategy.
Entourage launched in 2024 and has since made early investments in companies including Aikido Security, Conveo, and Lexroom. The fund follows the firm's initial period of investing in European technology startups and gives it substantially more capacity to participate in pre-seed and seed financing rounds.
Alongside the Fund II launch, Entourage is expanding its organization. The firm has added Erwan Gardelle, Sixtine Riescher Tuczkiewicz, and Illja Schiller to its team, and is opening a new London office while maintaining its presence in Paris.
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