Entourage, the early-stage venture firm founded by Showpad co-founder Pieterjan Bouten, has closed its second fund at €100m. It passed its €75m target within two weeks, took more than €100m in commitments, and capped the fund there.

Fund II will back about 25 companies at pre-seed and seed stage, in Europe and beyond, Entourage said on Thursday. First cheques will range from €1m to €5m, with money held back for follow-on rounds, Tech.eu reported.

The first fund focused mainly on software. The new one widens the remit to AI, enterprise software, robotics, physical AI and deep tech.

Backed by founders

Entrepreneurs, family offices and private investors put up all of the money, according to EU-Startups . They include founders of Aikido, Collibra and TechWolf, which SAP agreed to buy this month.

Entourage launched in 2024. It says it was among the first investors in Aikido Security, which became a unicorn in January. It also backed AI research startup Conveo early, before its $50m Series A in September.…