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# DIG Ventures closes USD 120 million Fund III for European AI infrastructure
- URL: https://sovereigntymonitor.eu/news/2026-10-01-dig-ventures-120m-fund-iii/
- Published: 2026-10-01T12:00:00.000Z
- Updated: 2026-10-01T08:51:19.000Z
- Description: London based DIG Ventures, founded by MuleSoft's Ross Mason, closed its third fund at USD 120 million (EUR 106 million). Fund III will back around 30 European pre-seed and seed stage AI and cloud infrastructure startups.
- Author: Reidar Balstad
- Tags: Industry, investment and R&D, #news, #reported, #ai-drafted

Reported AI-drafted [Tech.eu, 1 October 2026](https://tech.eu/2026/10/01/dig-ventures-closes-120m-fund-iii-to-back-europes-ai-infrastructure-startups/?ref=sovereigntymonitor.eu)

**What it does not test.** It does not name the individual startups that will receive funding from the new fund.

**How this item counts.** Towards autonomy: it changes who owns. Binding 2 of 3 (agreed or funded), scale 3 of 3 (large), Reported counts half: weight +3 of 36 possible. London VC closes EUR106m fund to back \~30 European AI/infra startups, EU-wide reach. [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 and published under the editor’s responsibility without a person reading it first. [How the record is made](https://sovereigntymonitor.eu/method/#how-the-record-is-made)