Beyond AI: Six startup opportunities in Europe
Six sectors where European expertise, needs and regulatory changes are opening up new markets.
Read on SubstackVC funds in Luxembourg
3 funds with a first or final close since 1 Jan 2025, €104m in total, median €24m.
Open in the full trackerFundStageHQClosedSize €m
- 23.6
Dual-use deep tech startups in frontier technologies, led mainly by the fund, with a focus on international growth potential and the Lazio innovation ecosystem.
- Deep Tech, Defence & Security
- Italy
- Fund 1
- 6 Oct 2026
- NVM Ventures (Lazio Innova)
- Lazio Innova
- 10.0
Pre-seed and seed fund for European digital health startups
- Health & Bio
- Pan-European
- Emerging manager, Fund 1
- 9 Dec 2025
- Catalpa Ventures
- 70.0
Debut fund for dual-use and frontier tech in space, health and industrial resilience around the Baltic Sea.
- Defence & Security
- Baltic Sea region
- Emerging manager, Fund 1
- 7 Nov 2025
- EIF, PFR Ventures
