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# Former Sequoia partner Matt Miller raises USD 355 million for European AI fund
- URL: https://sovereigntymonitor.eu/news/2025-07-14-evantic-capital-european-ai-fund/
- Published: 2025-07-14T12:00:00.000Z
- Updated: 2026-10-19T16:01:13.000Z
- Description: Former Sequoia Capital partner Matt Miller raised USD 355 million, via a US regulatory filing, for Evantic Capital, his new London based fund targeting USD 400 million to back European AI and software companies at Series B.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, #news, #reported, #editor-read

Reported Editor-read [TechCrunch, 14 July 2025](https://techcrunch.com/2025/07/14/former-sequoia-partner-matt-miller-raises-355m-for-new-fund-with-sequoias-backing/?ref=sovereigntymonitor.eu)

**What it does not test.** This does not establish that Evantic Capital has reached its full target, deployed capital, or that European AI firms depend on it.

**How this item counts.** This item is dated before the index starts on 1 January 2026, so it does not count in the [European Sovereignty Index](https://sovereigntymonitor.eu/sovereignty-index/).

**How this item was made.** Drafted by an AI system (Claude (Anthropic)) from the source cited above; read and approved by the editor on 2026-10-19\. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)