DIG Ventures has closed its third fund at $120 million, a signal that investor appetite for early-stage enterprise infrastructure and artificial intelligence startups across Europe and Israel remains firm even as broader venture funding has grown more selective. The firm, which describes itself as an operator-led venture capital outfit, plans to use the capital to find and support technical founders tackling complex, globally relevant problems in enterprise computing.
What distinguishes DIG from many generalist funds is its roster of limited partners, who are themselves builders rather than purely financial backers. Datadog co-founder and CEO Olivier Pomel, Slack co-founder Cal Henderson, former GitHub CEO and Entire founder Thomas Dohmke, Nord Security co-founders Tomas Okmanas and Eimantas Sabaliauskas, and Dash0 founder Mirko Novakovic have all committed to the fund. That lineup matters: infrastructure and security companies increasingly need guidance not just on go-to-market strategy but on engineering rigor and trust - qualities that readers evaluating tools such as BuyBestVPN for Linux also weigh when choosing software built by teams with genuine operational depth. Institutional investors Horsley Bridge Partners, Sofina, Hillman, and Granite round out the capital base, alongside other returning and new backers.
Why Enterprise Infrastructure Still Draws Capital
Enterprise infrastructure - the unglamorous layer of software that handles data pipelines, observability, security, and compute orchestration - has remained resilient even as consumer-facing startups have struggled to raise money. That resilience reflects a structural reality: as companies move more workloads to cloud and hybrid environments, they need tools to monitor, secure, and scale those systems reliably. Artificial intelligence has intensified this demand rather than replaced it, since training and deploying AI models at scale requires robust underlying infrastructure, from data management to compute efficiency to security tooling capable of handling sensitive model inputs and outputs.
Europe and Israel have produced a disproportionate share of globally successful infrastructure companies relative to their size, a pattern DIG's strategy is built to exploit. Technical founders in these regions often build with international markets in mind from the outset, partly because domestic markets alone rarely support ambitious infrastructure plays. This orientation toward global problems, rather than regional ones, is central to how DIG selects founders - the firm explicitly targets technically complex challenges with worldwide relevance rather than narrower, locally scoped products.
An Operator-Led Model and Its Implications
The involvement of founders like Pomel, Henderson, Dohmke, and Novakovic as limited partners reflects a broader shift in venture capital toward operator-led investing, where people who have built and scaled technology companies bring pattern recognition that purely financial investors may lack. For founders raising from DIG, this can mean access to practical guidance on hiring, architecture decisions, and enterprise sales - areas where founders of companies like Datadog and GitHub have direct, hard-won experience. The approach also signals confidence from established founders in the next generation of European and Israeli enterprise technology.
Fund III continues a strategy set by DIG founder Ross Mason, who has framed the firm's mission around finding technical founders at the earliest possible stage and supporting them as they address what the firm calls the most consequential enterprise infrastructure and AI problems globally. With $120 million in fresh commitments, DIG now has substantially more capacity to write early checks across a sector where the gap between promising prototype and durable enterprise company remains wide - and where experienced operator guidance can meaningfully shape outcomes.