DIG Ventures

DIG Ventures, an operator-led venture capital firm founded by Ross Mason, has successfully raised $120 million for its third fund. The vehicle will invest in early-stage European startups building foundational infrastructure for artificial intelligence.

Summary of transaction details:

• Value: $120 million
• Sector: Fintech
• Advisor: None
• Key Entities: DIG Ventures, Horsley Bridge, Sofina, Granite
• Location: United Kingdom

Note: DIG Ventures intends to lead pre-seed and seed-stage rounds for approximately 30 companies, focusing on critical control points such as data, identity, compliance, and orchestration layers where advantages compound as software development costs fall.