Entourage raises €100M for second fund, targeting AI, robotics and deeptech - Tech.eu

European venture capital firm Entourage has reportedly raised €100 million for its second fund, according to a report by Tech.eu. The new vehicle — Entourage Fund II — will focus on early-stage and growth investments in artificial intelligence, robotics, and deeptech startups headquartered or operating in Europe.

The fund close marks a significant step up for Entourage as it deploys capital into some of the most capital-intensive and technically complex segments of the European startup ecosystem. AI and robotics, in particular, have attracted surging investor interest across the region as enterprises accelerate digital transformation efforts — a trend with direct downstream implications for how work is structured, automated, and managed.

Details shared at the time of the announcement were limited. The identities of the fund's limited partners, the specific stage focus (seed, Series A, or later), and any initial portfolio companies have not been disclosed, according to the source report. It is also not yet clear what share of the fund, if any, will be directed toward workforce technology, HR automation, or talent intelligence — subsectors where AI and robotics capabilities are increasingly being applied.

For HR technology watchers, the fund is worth monitoring as a downstream signal: venture capital flowing into European AI and robotics compounds the talent platforms, productivity tools, and autonomous workforce systems that often emerge from deeptech ecosystems over a three-to-seven year horizon. Entourage's second fund is therefore less a direct HR tech story today and more a leading indicator of where European innovation capital is concentrating.