Fund first close · AI
Monte Carlo Capital Fund II reaches $15 million first close
The fund targets $30 million and invests in early-stage DeepTech, AI, space and enterprise software.
Monte Carlo Capital announced a $15 million first close for Fund II on October 9, 2026. The fund targets $30 million, and most limited partners in its predecessor have recommitted. It had already invested in five companies at the time of the announcement.
Managed by Ian Sosso’s Monaco-based firm, Fund II invests primarily at Seed, with selected pre-Seed and Series A investments. Its mandate covers DeepTech, artificial intelligence, space technology and enterprise software. The first close provides committed capital while fundraising continues toward the larger target.
Use of funds
Invest in early-stage DeepTech, AI, space and enterprise software companies
Funding history
Fund first close · This round$15M