FundVintage 2025Updated May 2, 2025
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Aldea Tech Fund II

Aldea Tech Fund II is a pan-European fund of funds backing micro-VCs in AI, deep tech, and climate. First close €50M (Apr 2025), target €125M.

About This Fund

Aldea Tech Fund II is the second fund of funds vehicle managed by Aldea Ventures, a Barcelona-based, certified B-Corp pan-European fund of funds manager. The fund targets a concentrated portfolio of specialist early-stage VC managers — primarily sub-€100M Micro-VCs and sub-€25M Nano-VCs — with deep domain expertise in frontier technology areas including AI, next-generation computing, climate tech, health and biotech, and robotics. The fund also makes a limited number of co-investment and secondary opportunities alongside its underlying managers. Aldea's strategy provides LP investors with diversified exposure to the emerging-manager ecosystem across Europe, with selective exposure to North American managers who help European founders expand internationally. Initial underlying fund commitments include Moonfire II, Amino II, Unruly Capital, Concept Ventures, First Commit, 201 Ventures, and Possible Ventures. The fund announced its first close at €50 million in April 2025 and is targeting a hard cap of €125 million. Aldea Ventures' first fund (launched 2020) raised approximately €87 million and backed 28 funds across 23 emerging VCs, resulting in exposure to over 1,000 portfolio companies, with 71% based in Europe and 25% in the US. Aldea Ventures is certified as a B-Corp and integrates ESG and impact considerations across its manager-selection process.

Fundraising Details

Currency
EUR
First Close Date
May 1, 2025
First Close Amount
€53M
Total Raised to Date
€53M

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