DIG Ventures, a UK-based early-stage investor, has successfully closed its first institutional fund at $100 million. The fund aims to support early-stage B2B software startups, particularly in the fields of artificial intelligence (AI), cloud computing, and software-as-a-service (SaaS). Notable backers of this fund include The Hillman Group, Sofina, Granite Capital, Grove Street, and Oliveur. This initiative is part of a broader trend in venture capital, as other firms, such as Revent VC, have also launched significant funds to invest in European startups, with Revent VC announcing a €100 million vehicle backed by Otto Group and the European Investment Fund. The growing interest in AI and technology startups reflects a robust investment landscape in Europe, particularly as firms seek to capitalize on advancements in these sectors.