DIG Ventures closes $120M AI infrastructure fund

DIG Ventures closed a $120 million Fund III to back roughly 30 European pre-seed and seed companies building AI-native enterprise and cloud infrastructure. Its fund announcement and Tech.eu’s report name data, identity, compliance, and orchestration among the target layers; the firm says it has already begun deploying capital. European founders working on those layers can add DIG to early-stage investor outreach, but the linked announcement and report do not give check sizes or follow-on policy; the archive’s account of Europe’s sovereign-AI infrastructure bet maps the regional demand.