Introduction to Indico VC Fund III
European venture capital firm Índico Capital Partners has launched its sixth fund, Indico VC Fund III, supported by the European Investment Fund's €30 million, targeting sustainable economic models across Southern Europe.
This fund plays a crucial role in advancing tech innovation in AI, blockchain/Web3, and fintech, driven by strong institutional confidence and strategic focus on regional growth.
EIF Anchors New €125M Fund Targeting AI and Blockchain
Led by Stephan de Moraes, Índico's sixth fund focuses on investing €1 to 10 million in early-stage startups. EIF's participation supports technological progression in Southern Europe, bolstering innovative sectors like AI and blockchain/Web3.
Immediate implications include a targeted injection of capital into economically sustainable, tech-driven startups, leveraging regional talent in Southern Europe. Expected outcomes highlight growth in AI and digital marketplaces.
"Securing the anchor commitment from the EIF shows strong institutional support for Indico’s strategy… we believe by providing smart capital and hands-on support, we are truly shaping the next wave of European technological leadership with a global scale." — Stephan de Moraes of Índico Capital Partners
Indico's Investment Track Record and Global Impact
Indico Capital Partners has invested over €123 million since 2019, aiding firms that now cumulatively attract over €2.5 billion from global investors.
Coincu's research team highlights that strategic investments in blockchain/Web3 could spur further technological advances and market growth in related cryptocurrency sectors, driven by increased institutional interest and backing from major funds.