[European VC Firm DIG Ventures Completes $120 Million Fundraising for Third Fund, Focusing on AI Infrastructure] According to a report by Tech.eu on October 1, European venture capital firm DIG Ventures announced the completion of fundraising for its third fund, totaling $120 million. The fund will invest in building AI-native enterprises and cloud infrastructure for early-stage (pre-seed and seed round) companies in Europe. Investors in the fund include Horsley Bridge, Sofina, Granite, and a U.S. university endowment fund, as well as founders from companies such as Slack, Datadog, Nord Security, and Supercell. DIG plans to lead investments in approximately 30 early-stage European companies and has already begun deploying capital. DIG was founded in 2018 by MuleSoft founder Ross Mason and others.