DIG Venture funding news – London-based DIG Ventures Launches $100 Million Fund

Major investors include The Hillman Company, Granite Capital, Sofina, and Grove Street, along with tech leaders like Datadog founder Olivier Pomel and several former MuleSoft executives.

Ross Mason, Partner at DIG Ventures, comments: “We see an enormous opportunity in Europe right now – this is the moment for the next generation of globally impactful tech companies to emerge from Europe. These founders combine deep technical brilliance with a powerful underdog mentality, but the bridge between technical excellence and commercial success is often missing. That’s where DIG comes in. With Fund II, we’re doubling down on our operator-led approach: not just providing capital, but offering the lived experience, Silicon Valley mindset, operational insight, and network needed to go from zero to one. We’re here to help founders turn high-potential technology into companies that scale globally.”

DIG Ventures was created to help early-stage founders with hands-on support, especially in go-to-market strategy and scaling their startups.

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Founders Ross Mason and Klinger are joined by Rytis Vitkauskas (founder of YPlan, ex-Lightspeed) and Scott Grimes (co-founder of Stackin’ and Uproxx).

Their founder-led team brings real startup experience, giving them an edge in supporting entrepreneurs and spotting promising companies. With the new fund, DIG will mainly invest in European startups, but will also look at opportunities in Israel and the US.

The DIG Ventures team has already started investing from the new fund, backing over 15 startups in B2B SaaS, AI, and cloud infrastructure.

These include:

Dash0, an observability platform by Instana founder Mirko Novakovi (Instana was acquired by IBM)

Nexos.ai, an AI orchestration platform started by Nord Security founders Tomas Okmanas and Eimantas Sabaliauskas

PolyAPI, an enterprise middleware solution by Darko Vukovic, a former executive at MuleSoft, Google and Oracle.

Mirko Novakovic, Founder of Dash0, adds: “We chose Dig Ventures because of their unique operating experience scaling a SaaS company to billion-dollar success, combined with the hands-on, entrepreneurial spirit their entire team brings to the table. Their expertise and proactive approach make them exactly the partner Dash0 needs at this critical growth stage.”

Tomas Okmanas, Co-founder of Nord Security, comments: “As a serial entrepreneur I’ve seen every side of the funding landscape – from bootstrapping to major raises. Those experiences have shown me the value of investors who don’t just understand the technical side but have lived the scale-up journey themselves. The DIG team aren’t just investors; they’re in the trenches with us, helping us navigate go-to-market, pricing, and the sales process. Their support is second to none – a true Founder’s Fund.”

About DIG Ventures

DIG Ventures was started in 2018 by Ross Mason, the founder of MuleSoft. It’s a pre-seed and seed-stage fund that invests in B2B SaaS and cloud infrastructure startups across Europe, Israel, and the US.