Paris-based I4d Ventures has raised €16 million for its Pre-seed fund. The fund will support ‘new frontier technologies’ like AI, climate, healthcare and computer vision.
Backing founders at the pre-seed and seed stages with initial investments ranging from €200,000 to €500,000 Id4 Ventures says it is committed to supporting the European early-stage ecosystem via three key verticals; direct investment fund, early-stage centric fund-of-funds, and co-investment vehicles exclusively available to its investors.
‘We are tremendously grateful to all of our investors for supporting in raising this fund. This demonstrates once again that Europe's early-stage scene is gaining the recognition it deserves’ I4d Ventures said in its statement.
It also says it has plans to launch a micro-fund soon, so watch this space!
Lead image: via Unsplash. Photo: Ousa Chea.