European Sovereignty Monitor

Industry, investment and R&D

Monaco's Monte Carlo Capital closes EUR 13 million first tranche of deeptech Fund II

Monaco based venture firm Monte Carlo Capital raised EUR 13 million as a first close of its Fund II, targeting EUR 26 million, to back seed stage deeptech, AI and spacetech companies. Founder Ian Sosso said the fund has already deployed capital into five firms.

Reported AI-drafted EU-Startups, 9 October 2026

What it does not test. It does not establish the fund's final close size or that its backed companies are themselves European.

How this item counts. No movement: no answer to who owns, who operates, whose law governs or who made the parts changes. Weight 0. EUR 13m fund first close, no new answer to own/operate/law/parts for firms yet. European 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

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