European early-stage venture capital firm Entourage has closed its second fund at €100 million. The firm launched its first fund in 2024. Fund II will support early-stage technology companies across Europe and other markets.
Fund details
Entourage exceeded the fund's initial €75 million target within two weeks and later capped it at €100 million. The firm plans to invest in about 25 Pre-Seed and Seed companies. Initial checks will range from €1 million to €5 million, with additional capital reserved for follow-on rounds.
Portfolio results
Entourage was an early backer of Aikido Security, which became a unicorn earlier this year, and Conveo before its US$50 million Series A. It also backed Lexroom before it reached €30 million in annual recurring revenue within 24 months. The firm says these results support its founder-first approach.
Fund focus
Fund II widens the firm's focus beyond software to AI, enterprise software, robotics, physical AI, and deeptech. Entourage rarely takes board seats, even when leading or co-leading rounds. Its venture-building arm, Entourage Studio, co-founded Tekst, which recently raised a €10 million Series A.
Entourage has added investors Erwan Gardelle, Sixtine Riescher, and Illja Schiller. It opened a London office and established a presence in Paris. Partners Pieterjan Bouten, Evert Beeckman, and Maarten Mortier lead the investment team.