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French venture capital firm Auriga Partners has completed an €80 million interim closing for its second cybersecurity fund, Auriga Cyber Ventures II. The fund has a final target size of €100 million and a hard cap of €120 million. The fund's investment stages range from pre-seed to Series A, with initial investments of €500,000 to €5 million per deal, and it plans to back about 30 European startups, focusing on AI security, identity protection and data security. The fund has already completed its first four investments and plans to complete two to three more deals by the end of 2026.
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Oct 29
Tech.eu
Auriga Partners' second cybersecurity fund completes €80 million interim close
French VC firm Auriga Partners has completed an €80 million interim close for Auriga Cyber Ventures II, its second fund focused on cybersecurity, with a target final size of €100 million and a hard cap of €120 million. The fund invests from pre-seed to Series A, with initial checks of €500,000 to €5 million, and plans to back around 30 European startups, focusing on AI security, identity protection and data security. The fund has already completed its first four investments and plans to complete two to three more deals by the end of 2026.