Xcout IntelWho has fresh money to invest
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.
Capital raised by quarter
Disclosed fund sizes summed by the quarter the close was announced, every fund type. 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.
As a table
| Quarter | Europe | United States | Rest of world | Closes |
|---|---|---|---|---|
| 2024 Q1 | $33B | $67B | $15B | 132 |
| 2024 Q2 | $27B | $126B | $12B | 144 |
| 2024 Q3 | $14B | $127B | $9.1B | 114 |
| 2024 Q4 | $13B | $116B | $6.6B | 117 |
| 2025 Q1 | $53B | $124B | $15B | 129 |
| 2025 Q2 | $19B | $139B | $19B | 141 |
| 2025 Q3 | $43B | $123B | $17B | 152 |
| 2025 Q4 | $76B | $111B | $34B | 167 |
| 2026 Q1 | $46B | $157B | $18B | 186 |
| 2026 Q2 | $29B | $155B | $57B | 165 |
| 2026 Q3 | $35B | $173B | $26B | 183 |
| 2026 Q4* | $15B | $136B | $4.5B | 91 |
2026 so far against 2025 and 2024
Disclosed capital raised, added up month by month from January, every fund type, 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 $167B; 2026 stands at $124B (▼ 26%). Coverage is thinner for 2024, when the news sweep was narrower.
As a table
| Month | 2024 | 2025 | 2026 | Closes 2026 |
|---|---|---|---|---|
| Jan | $18B | $34B | $23B | 26 |
| Feb | $30B | $37B | $36B | 20 |
| Mar | $33B | $53B | $46B | 24 |
| Apr | $51B | $65B | $56B | 19 |
| May | $55B | $69B | $62B | 13 |
| Jun | $60B | $73B | $75B | 23 |
| Jul | $69B | $77B | $90B | 22 |
| Aug | $72B | $79B | $98B | 7 |
| Sep | $74B | $116B | $110B | 27 |
| Oct | $81B | $158B | $123B | 39 |
| Nov | $86B | $167B | $124B | 3 |
| Dec | $87B | $191B | — | — |
Latest fund closes
The last 30 days: 36 of the 271 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.
| Firm | Fund | Size | Closed | Home | Focus | Rounds since |
|---|---|---|---|---|---|---|
| Montis VC | Fund ↗ | $50M | Nov 2026 | Poland | — | |
| Robin Capital | Fund II ↗ | $17M | Nov 2026 | Germany | — | |
| Creandum | Eighth Fund ↗ | $750M | Nov 2026 | Sweden | — | |
| Investinorgovernment | Fund ↗ | $220M | Oct 2026 | Norway | — | |
| Eureka Venture | Z_One Fund ↗ | $39M | Oct 2026 | Italy | — | |
| Auriga Partners | Second fund ↗ | $88M | Oct 2026 | France | — | |
| AP Ventures | Third fund ↗ | $297M | Oct 2026 | United Kingdom | — | |
| PureTerra Ventures | Fund ↗ | $33M | Oct 2026 | Netherlands | — | |
| 33N Ventures | Fund ↗ | $220M | Oct 2026 | Spain | — | |
| Aquiti Gestion | AVA1 ↗ | $66M | Oct 2026 | France | — | |
| Mouro Capital | Fund III ↗ | — | Oct 2026 | United Kingdom | — | |
| Seaya | Seaya Nova ↗ | $660M | Oct 2026 | Spain | — | |
| The FSE Groupinstitutional | London growth fund ↗ | $90M | Oct 2026 | United Kingdom | Growth | — |
| BackingMinds | Fund III ↗ | $55M | Oct 2026 | Sweden | — | |
| BackingMinds | Fund ↗ | $48M | Oct 2026 | Sweden | — | |
| Partech | Fund ↗ | $440M | Oct 2026 | France | — | |
| Amundiinstitutional | Cinquième fonds de dette privée ↗ | $220M | Oct 2026 | France | — | |
| Actyus | Fund ↗ | $22M | Oct 2026 | Spain | — | |
| BackingMinds | Fund ↗ | $21M | Oct 2026 | Sweden | — | |
| Isai | Fund ↗ | $61M | Oct 2026 | France | — | |
| Enzo Ventures | Fondo II ↗ | $22M | Oct 2026 | Spain | — | |
| Cdp Venture Capital | Fondo Acceleratori II ↗ | — | Oct 2026 | Italy | 1 · led 1 | |
| Nauta Capital | Szóstego funduszu ↗ | $220M | Oct 2026 | United Kingdom | — | |
| Nauta Capital | Fund VI ↗ | $66M | Oct 2026 | United Kingdom | — | |
| Panakès Partners | Fund ↗ | $9M | Oct 2026 | Italy | — | |
| LIFTT EuroInvest | Fund ↗ | $154M | Oct 2026 | Italy | — | |
| Sprints | Fund ↗ | $798M | Oct 2026 | United Kingdom | — | |
| Turbine Capital | DeepTech-Fonds ↗ | $59M | Oct 2026 | Denmark | Deep tech | — |
| Gaius Capital | Fund ↗ | $55M | Oct 2026 | Germany | — | |
| CIPpe | Fund ↗ | — | Oct 2026 | Denmark | — | |
| Bosch Venturescorporate | Spark ↗ | $110M | Oct 2026 | Germany | 3 | |
| PSV Tech | Fund II ↗ | $62M | Oct 2026 | Denmark | 3 | |
| BGKdevelopment bank | Fund ↗ | $125M | Oct 2026 | Poland | — | |
| Meridiampe | North America Core Fund ↗ | $4.5B | Oct 2026 | France | — | |
| Forbion | Fund ↗ | $2.5B | Oct 2026 | Netherlands | 2 · led 2 | |
| Graduate Ventures | Tweede seedfonds ↗ | $138M | Oct 2026 | Netherlands | Seed | — |
By country, last 12 months
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.
- MeridiamNorth America Core Fund · France · Oct 2026$4.5B
- Eurazeo GrowthFund · France · Jun 2026$4.3B
- CIPFund · Denmark · Aug 2026$2.9B
- CinvenSegundo Fondo Estratégico · United Kingdom · Sept 2026$2.5B
- Eurazeo GrowthFund · France · Jul 2026$2.5B
- ArchimedMED IV · France · Sept 2026$1.6B
- 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
- Bregal MilestoneBregal Milestone III · United Kingdom · Jul 2026$1.0B
- SprintsFund · United Kingdom · Oct 2026$798M
- CreandumEighth Fund · Sweden · Nov 2026$750M
70 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
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.