Merantix AI Fund closes at €103 million for European AI startups
The vehicle combines venture studio formation with direct pre-seed and seed investments.
The new fund links early AI company formation with industrial customers and engineering talent. Its limited partners include Union Investment, Jungheinrich, KPMG Germany, the Robert Wood Johnson Foundation and the W.K. Kellogg Foundation.
Merantix plans approximately 40 investments, dividing the programme equally between venture studio founders and direct early-stage investments. Deployment has begun with companies including Droidrun, Arqh and Outpost Bio, spanning AI agents, logistics and human microbiology.
Use of funds
Back approximately 40 European AI companies
Divide investment between venture studio founders and direct pre-seed/seed investments