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Who has fresh money to invest

Updated 5 Nov 2026 · 453 fund closes by 315 firms since January 2024 · venture and growth funds

Every venture and growth fund close we find in the news, across fifteen markets and twelve languages, read twice a day. Each fund links to the firm’s profile and shows the rounds it has joined and led since the close — a firm that closed and has not invested yet is the one to pitch first.

$56Braised, last 12 months · ▲ 32% vs prior
202funds closed · ▲ 36% vs prior
$116Mmedian size · ▲ 5% vs prior · 193 disclosed
32%of capital in the 10 largest funds
RegionAll regionsEuropeUnited StatesPeriodLast 12 months2026 so far20252024Venture & growthAll fundsCountry

Capital raised by quarter

Disclosed fund sizes summed by the quarter the close was announced, venture and growth funds only. Europe is highlighted and labelled; the other regions are shown for scale. The current quarter is in progress (*). Coverage is thinner for 2024, when the news sweep was narrower.

EuropeUnited StatesRest of world
$0$13B$25B$38B$50B2024 Q1 · Europe: $3.9B · 89 closes in the quarter2024 Q1 · United States: $9.0B · 89 closes in the quarter2024 Q1 · Rest of world: $4.5B · 89 closes in the quarter$4B24 Q12024 Q2 · Europe: $8.0B · 100 closes in the quarter2024 Q2 · United States: $35B · 100 closes in the quarter2024 Q2 · Rest of world: $3.3B · 100 closes in the quarter$8B24 Q22024 Q3 · Europe: $11B · 85 closes in the quarter2024 Q3 · United States: $27B · 85 closes in the quarter2024 Q3 · Rest of world: $4.5B · 85 closes in the quarter$11B24 Q32024 Q4 · Europe: $9.8B · 80 closes in the quarter2024 Q4 · United States: $35B · 80 closes in the quarter2024 Q4 · Rest of world: $1.6B · 80 closes in the quarter$10B24 Q42025 Q1 · Europe: $11B · 86 closes in the quarter2025 Q1 · United States: $31B · 86 closes in the quarter2025 Q1 · Rest of world: $1.6B · 86 closes in the quarter$11B25 Q12025 Q2 · Europe: $9.7B · 97 closes in the quarter2025 Q2 · United States: $36B · 97 closes in the quarter2025 Q2 · Rest of world: $3.8B · 97 closes in the quarter$10B25 Q22025 Q3 · Europe: $16B · 109 closes in the quarter2025 Q3 · United States: $14B · 109 closes in the quarter2025 Q3 · Rest of world: $7.8B · 109 closes in the quarter$16B25 Q32025 Q4 · Europe: $12B · 118 closes in the quarter2025 Q4 · United States: $22B · 118 closes in the quarter2025 Q4 · Rest of world: $6.3B · 118 closes in the quarter$12B25 Q42026 Q1 · Europe: $11B · 124 closes in the quarter2026 Q1 · United States: $47B · 124 closes in the quarter2026 Q1 · Rest of world: $7.0B · 124 closes in the quarter$11B26 Q12026 Q2 · Europe: $10B · 122 closes in the quarter2026 Q2 · United States: $43B · 122 closes in the quarter2026 Q2 · Rest of world: $5.4B · 122 closes in the quarter$10B26 Q22026 Q3 · Europe: $16B · 113 closes in the quarter2026 Q3 · United States: $31B · 113 closes in the quarter2026 Q3 · Rest of world: $8.6B · 113 closes in the quarter$16B26 Q32026 Q4 (in progress) · Europe: $9.6B · 65 closes in the quarter2026 Q4 (in progress) · United States: $18B · 65 closes in the quarter2026 Q4 (in progress) · Rest of world: $2.3B · 65 closes in the quarter$10B26 Q4*
As a table
QuarterEuropeUnited StatesRest of worldCloses
2024 Q1$3.9B$9.0B$4.5B89
2024 Q2$8.0B$35B$3.3B100
2024 Q3$11B$27B$4.5B85
2024 Q4$9.8B$35B$1.6B80
2025 Q1$11B$31B$1.6B86
2025 Q2$9.7B$36B$3.8B97
2025 Q3$16B$14B$7.8B109
2025 Q4$12B$22B$6.3B118
2026 Q1$11B$47B$7.0B124
2026 Q2$10B$43B$5.4B122
2026 Q3$16B$31B$8.6B113
2026 Q4*$9.6B$18B$2.3B65

2026 so far against 2025 and 2024

Disclosed capital raised, added up month by month from January, venture and growth funds, Europe. Each year is read at the same point, so the 2026 line ends at Nov (in progress). By this point of 2025 the total was $44B; 2026 stands at $47B (▲ 6%). Coverage is thinner for 2024, when the news sweep was narrower.

$0$13B$25B$38B$50BJanFebMarAprMayJunJulAugSepOctNovDecJan 2024: $2.8B since January · $2.8B in the month · 14 closesFeb 2024: $3.5B since January · $724M in the month · 7 closesMar 2024: $3.9B since January · $341M in the month · 5 closesApr 2024: $6.1B since January · $2.2B in the month · 11 closesMay 2024: $7.2B since January · $1.1B in the month · 8 closesJun 2024: $12B since January · $4.7B in the month · 17 closesJul 2024: $17B since January · $5.4B in the month · 11 closesAug 2024: $20B since January · $2.7B in the month · 4 closesSep 2024: $23B since January · $2.5B in the month · 13 closesOct 2024: $29B since January · $6.2B in the month · 12 closesNov 2024: $32B since January · $3.1B in the month · 15 closesDec 2024: $32B since January · $565M in the month · 10 closes2024 $32BJan 2025: $491M since January · $491M in the month · 8 closesFeb 2025: $3.1B since January · $2.6B in the month · 10 closesMar 2025: $11B since January · $7.7B in the month · 14 closesApr 2025: $16B since January · $4.8B in the month · 16 closesMay 2025: $18B since January · $2.4B in the month · 11 closesJun 2025: $20B since January · $2.5B in the month · 11 closesJul 2025: $23B since January · $2.9B in the month · 7 closesAug 2025: $24B since January · $683M in the month · 6 closesSep 2025: $37B since January · $13B in the month · 25 closesOct 2025: $39B since January · $2.2B in the month · 14 closesNov 2025: $44B since January · $5.5B in the month · 24 closesDec 2025: $48B since January · $4.1B in the month · 16 closes2025 $48BJan 2026: $3.2B since January · $3.2B in the month · 16 closesFeb 2026: $8.1B since January · $5.0B in the month · 13 closesMar 2026: $11B since January · $3.0B in the month · 21 closesApr 2026: $14B since January · $3.2B in the month · 12 closesMay 2026: $19B since January · $4.4B in the month · 12 closesJun 2026: $22B since January · $2.8B in the month · 18 closesJul 2026: $28B since January · $6.0B in the month · 12 closesAug 2026: $32B since January · $4.3B in the month · 4 closesSep 2026: $37B since January · $5.5B in the month · 20 closesOct 2026: $46B since January · $8.7B in the month · 33 closesNov 2026 (in progress): $47B since January · $817M in the month · 3 closes2026* $47B
* to date; the hollow point is the month in progress
As a table
Month202420252026Closes 2026
Jan$2.8B$491M$3.2B16
Feb$3.5B$3.1B$8.1B13
Mar$3.9B$11B$11B21
Apr$6.1B$16B$14B12
May$7.2B$18B$19B12
Jun$12B$20B$22B18
Jul$17B$23B$28B12
Aug$20B$24B$32B4
Sep$23B$37B$37B20
Oct$29B$39B$46B33
Nov$32B$44B$47B3
Dec$32B$48B——

Latest fund closes

The last 30 days: 30 of the 202 closes in last 12 months, Europe. Sign in to see the whole period; subscribers can download it as CSV. “Rounds since” counts the rounds the firm has joined after the close, and how many it led; a dash means none yet.

FirmFundSizeClosedHomeFocusRounds since
Montis VCFund ↗$50MNov 2026Poland—
Robin CapitalFund II ↗$17MNov 2026Germany—
CreandumEighth Fund ↗$750MNov 2026Sweden—
Eureka VentureZ_One Fund ↗$39MOct 2026Italy—
Auriga PartnersSecond fund ↗$88MOct 2026France—
AP VenturesThird fund ↗$297MOct 2026United Kingdom—
PureTerra VenturesFund ↗$33MOct 2026Netherlands—
33N VenturesFund ↗$220MOct 2026Spain—
Aquiti GestionAVA1 ↗$66MOct 2026France—
Mouro CapitalFund III ↗—Oct 2026United Kingdom—
SeayaSeaya Nova ↗$660MOct 2026Spain—
The FSE GroupinstitutionalLondon growth fund ↗$90MOct 2026United KingdomGrowth—
BackingMindsFund III ↗$55MOct 2026Sweden—
BackingMindsFund ↗$48MOct 2026Sweden—
PartechFund ↗$440MOct 2026France—
ActyusFund ↗$22MOct 2026Spain—
BackingMindsFund ↗$21MOct 2026Sweden—
IsaiFund ↗$61MOct 2026France—
Enzo VenturesFondo II ↗$22MOct 2026Spain—
Cdp Venture CapitalFondo Acceleratori II ↗—Oct 2026Italy1 · led 1
Nauta CapitalSzóstego funduszu ↗$220MOct 2026United Kingdom—
Nauta CapitalFund VI ↗$66MOct 2026United Kingdom—
Panakès PartnersFund ↗$9MOct 2026Italy—
LIFTT EuroInvestFund ↗$154MOct 2026Italy—
SprintsFund ↗$798MOct 2026United Kingdom—
Turbine CapitalDeepTech-Fonds ↗$59MOct 2026DenmarkDeep tech—
Bosch VenturescorporateSpark ↗$110MOct 2026Germany3
PSV TechFund II ↗$62MOct 2026Denmark3
ForbionFund ↗$2.5BOct 2026Netherlands2 · led 2
Graduate VenturesTweede seedfonds ↗$138MOct 2026NetherlandsSeed—

By country, last 12 months

United Kingdom$22B
France$9.7B
Spain$8.9B
Germany$4.8B
Netherlands$4.5B
Italy$1.7B
Sweden$1.7B
Switzerland$975M
Denmark$781M
Belgium$494M
Portugal$292M
Poland$208M
Only on Xcout

Raised, not yet investing

Funds that closed in the last six months whose firm has joined no new round since, in Europe. For founders, the list to pitch first.

  • AriniFund · United Kingdom · Oct 2026$1.5B
  • Schroders plcFund · United Kingdom · Sept 2026$1.4B
  • Schroders plcGlobal Direct IV · United Kingdom · Sept 2026$1.3B
  • SprintsFund · United Kingdom · Oct 2026$798M
  • CreandumEighth Fund · Sweden · Nov 2026$750M
  • SeayaSeaya Nova · Spain · Oct 2026$660M
  • Rgreen InvestFund · France · Jun 2026$550M
  • DTCPDTCP Defence Fund · Germany · Sept 2026$501M
  • PartechFund · France · Oct 2026$440M
  • Merieux Equity PartnersMP5 · France · Jul 2026$369M
  • AP VenturesThird fund · United Kingdom · Oct 2026$297M
  • BlueOrchardEmerging Markets Climate Finance Fund · Switzerland · Sept 2026$250M

52 such funds in all; the twelve largest are shown.

Follow the firms with fresh money

  • Every fund close on the firm’s profile, beside the rounds it has led and its portfolio
  • Alerts when a firm you track closes a fund or leads a round
  • CSV export of this list, and the co-investment network of each firm
See plans

How we count

Source

Announced fund closes (first, final or new fund) found in news across fifteen markets and twelve languages since January 2024, read twice a day, with a backfill of 2024 and 2025 completed on 27 October 2026. Several articles about one close count once: a firm’s articles whose dates fall within 45 days of each other and whose amounts agree are one close, dated to the earliest article.

What is a venture fund here

The default view keeps funds whose name says seed, venture, growth, AI, climate, deep tech, health, fintech, secondaries or fund of funds, and unnamed funds of firms we know as venture investors. Credit, infrastructure, real-estate and buyout funds are tagged and shown under “All funds”.

What is missing

Quiet closes and funds with no press coverage. A fund whose size was not disclosed counts as a close but not in the capital figures. Amounts are converted to US dollars at the rate of the day. Coverage is thinner for 2024, so a rise from 2024 to 2026 is partly ours.

Cite as

Xcout Intel, VC Fundraising Tracker, 5 Nov 2026. Data: intel.xcout.app/insights/vc-fundraising. Open to read without an account.

Quoting these figures

Free to quote, chart and report on, with attribution: Source: Xcout Intel VC Fundraising Tracker (intel.xcout.app/insights/vc-fundraising). Reproducing a chart or table needs a link back to this page. Full terms are on the attribution page; how the data is collected is on the methodology page.

Writing about this? We will confirm a figure before you publish and can send the cut behind any number here, by company, country or sector: hello@intel.xcout.app.