Moonfire Ventures raises $115 million to fund European tech startups and AI firms

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Reuters UK

PARIS (Reuters) – Moonfire Ventures, launched in 2020 by former Atomico co-founder Mattias Ljungman, said on Wednesday that it had raised $115 million to invest in European startup technology firms and in the AI (artificial intelligence) sector. The fund-raising by Moonfire Ventures highlights the growth in Europe of artificial intelligence, which has led politicians around the World to examine how AI could be better regulated. “Europe has been a leader in AI and we find our best fit is to support the next generation of founders solving some of our greatest challenges within health, work, fina…

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