Merantix Capital Closes €103m AI Fund for European Startups

Merantix Capital closes €103m fund to back early-stage AI-native startups in Europe. The fund is three times larger than its first €30m vehicle and splits capital evenly between pre-idea support at its Berlin AI Campus and direct pre-seed to seed investments. It targets 40 startups with investments from €1m to €3m across logistics, manufacturing, energy, finance, healthcare, life sciences, robotics, enterprise software, and physical AI. Named investments include Droidrun, Arqh, and Outpost Bio.