Adara Ventures successfully closed the first tranche of its fourth flagship fund, AV4, aiming to invest €100 million in early-stage companies across high-impact sectors in Europe.

Target Information

Adara Ventures is a prominent venture capital firm that has made significant strides in the investment landscape throughout 2025. This year marks a landmark achievement for the firm, as they successfully completed the first close of their fourth flagship fund, AV4, which is on track to reach its €100 million target in capital commitments. Adara Ventures has consistently demonstrated a strong commitment to supporting Europe’s most ambitious founders in the enterprise and deep tech sectors through its strategic investments.

Adara aims to maximize its impact by focusing on early-stage investments in high-impact sectors, including cybersecurity, artificial intelligence, and digital health, among others. Additionally, a remarkable aspect of this fund is the involvement of over 150 limited partners, including many founders from Adara’s portfolio who have chosen to invest as limited partners, reflecting strong relationships built over the years.

Industry Overview

The European venture capital landscape has experienced notable evolution in recent years, with increased investment activity across various technology sectors. In particular, the demand for i