PSG Equity secures over €4.4 billion for new European software fund
PSG Equity has closed a fundraising round of more than €4.4 billion to back software and technology companies across Europe.
The firm announced that its latest vehicle, PSG Europe III, raised over €4.4 billion, roughly 70 % larger than the fund launched in 2023. Investors are committing capital as the software market rebounds from a recent sell-off triggered by emerging AI models. The new fund will target European firms developing software and tech solutions.
Why it matters
The sizable fund signals renewed confidence in European software firms as AI reshapes the tech landscape.
In this story
PSG Equity€4.4 billionsoftware sectorAI modelsEuropean tech fundPSG Europe IIIinvestment roundmarket recovery
