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Lisbon-based Faber announces the launch of a new €60 million fund aiming to seed the future with deep tech

  • Lisbon-based venture capital firm, Faber, has launched a new €60 million fund called Faber Tech III.
  • The fund, with an initial closing of €31 million, is focused on early-stage deep tech startups in Southern Europe.
  • Faber aims to bridge the gap in specialized seed capital in the region and support transformative startups in sectors like AI, robotics, and next-gen computing.
  • The fund's first investments will be in companies from Portugal, Spain, and the Netherlands working on advanced technologies like photonic chips and synthetic biology.

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