DIG Ventures closes $120 million Fund III
The third fund will back early-stage founders building enterprise infrastructure and AI.
DIG Ventures announced the $120 million close of Fund III on October 1, 2026. Institutional backers include Horsley Bridge Partners, Sofina, The Hillman Company and Granite Capital Management, alongside an unnamed US university endowment.
Founder LPs include Olivier Pomel, Cal Henderson, Thomas Dohmke, Tomas Okmanas, Eimantas Sabaliauskas and Mirko Novakovic. Their participation adds operating experience from enterprise software and technology businesses to the fund’s investor base.
The fund will back early-stage companies building infrastructure for AI and enterprise software. DIG plans around 30 investments, concentrating on European founders and the software layers that underpin data, identity, compliance and orchestration.
Use of funds
Invest in pre-seed and seed enterprise software, AI and cloud infrastructure founders