Europe’s 30 most active public funds in H1 2026
THE SO WHAT
Public funds are now a predictable part of the European cap table—non-dilutive and strategic, but slower and more political. Founders should map which of these 30 funds align with their sector and geography early, because their timelines and reporting demands will shape how you can execute.
READ THE SOURCE
MORE FROM THE WIRE
Startups & VentureThe best meetups in London for founders and VCs
Offline density in London still compounds faster than any online founder community—if you’re building or raising there, your deal flow and hiring edge will come from showing up, not another Slack. Treat curated meetups as part of your distribution and capital strategy, not a social extra.
Startups & VentureTrustar Is Said to Near $1.5 Billion Deal for Alibaba Gaming Arm
A $1.5B carve-out of Alibaba’s gaming arm to Trustar shows private equity is ready to unbundle non-core assets from tech conglomerates and run them for cash and focus. If you partner with or sell through large platforms, expect more portfolio reshuffling—and revisit your dependency on any single parent’s strategy.
Startups & VentureThrive Investor Letter Reveals OpenAI-Fueled Growth, Stake Sale
Turning a $516M 2022 fund into $3.7B by June on the back of OpenAI, SpaceX, and Anduril shows how concentrated AI and defense bets are driving venture returns. LPs will push more capital toward managers with similar exposure, which keeps late‑stage funding available for scaled AI infra and dual‑use platforms even if broader tech multiples compress.
Startups & VentureRead Joshua Kushner’s First Formal Thrive Capital Investor Letter
Kushner’s first formal letter is less about communications hygiene and more about codifying a thesis around AI, defense, and frontier tech that LPs can underwrite at scale. For founders, this is another data point that top-tier capital is aligning around fewer, larger, thesis‑consistent bets rather than broad tech exposure.