Moonfire Ventures raises $115 million to invest in European AI startups

Moonfire Ventures raises $115 million for European AI startups
Moonfire Ventures, founded in 2020, has raised $115 million in a second round of funding to invest in European tech and AI startups.

Reuters reported that a large fund of investment called Moonfire Ventures had just raised $115,000,000 to invest in European technology startups and AI. This news is sure to be well received by the entire tech industry in Europe. It was founded by Atomico’s Mattias Ljungman, a co-founder of a venture capital company.

Ljungman said, \”Europe is a leader in AI and we believe that our best fit would be to support the next-generation of founders who are solving our biggest challenges within finance, gaming, health and work.\”

Gopixa/iStock.

Source:
https://interestingengineering.com/innovation/115-million-raised-moonfire-ventures

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