Dig, a UK firm, closed an oversubscribed Fund III after five months of fundraising, according to Venture Capital Journal.
The fund is described as betting on infrastructure built around foundation models, according to Venture Capital Journal.
Fund III close timeline and status
Fund III is described as oversubscribed, and it closed after just five months of fundraising, according to Venture Capital Journal.
Venture Capital Journal published the item under its “Fundraising” coverage.
LP base: returning and new
Venture Capital Journal reported that Fund III was buoyed by returning LPs such as Sofina, Granite Asia and Hillman Family Foundations.
Venture Capital Journal also reported that Fund III included new LPs including Horsley Bridge Partners.
Strategy focus cited by VCJ
The Venture Capital Journal item said the fund “bets on infrastructure built around foundation models.”
Venture Capital Journal tagged the article with “AI,” “Technology,” and “Emerging Managers.”
Publication details
The Venture Capital Journal article was written by David Bogoslaw and dated 6 October 2026.
The Venture Capital Journal page displayed tags including “Fundraising,” “Europe,” “Emerging Managers,” “Technology,” “UK Firms and Funds,” “AI,” and “Western Europe.”