German VC Merantix Capital closes €103M, its largest fund yet, to turn Europe's industrial strengths into AI champions
· Source: techfundingnews.com
In short
Merantix Capital has closed a €103 million AI Fund to back approximately 40 early-stage AI-native startups across Europe. The fund targets AI applications embedded in logistics, manufacturing, healthcare, energy, robotics, and enterprise software. Backed by strategic LPs including Union Investment, Jungheinrich, and KPMG Germany, the firm aims to bridge the gap between Europe's industrial heritage and AI startup innovation.
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In the issue of week 23, 2026: AI-Driven Orchestration and Governance Revolutionize Supply Chain Efficiency
Tags: logistics, manufacturing, AI, funding, robotics, venture capital