Brighteye Ventures has secured $72 million in the first close of its third fund, bringing the firm's total assets under management to $245 million. The company focuses on early-stage European startups operating in the learning, productivity, and labor infrastructure sectors.
The new capital will support up to 35 investments, with a specific emphasis on AI-driven platforms that enhance human capabilities. Initial portfolio additions from the third fund include imagi, which focuses on AI fluency in schools, and NEX Health Intelligence, a provider of augmented intelligence for hospital infection-control teams.
The firm also invested in Gyver, a marketplace for electricians designed to address the rising demand for energy infrastructure in Europe. Brighteye Ventures maintains a portfolio of over 50 companies, which have collectively raised more than $1 billion and now generate over $100 billion in annual revenue.
According to the firm's 2026 report, venture funding for European companies in the learning and work space grew from €710 million in 2024 to €1.6 billion in 2025. Data for the first half of 2026 shows that companies in this sector have already raised $1.63 billion.
New investors in the third fund include Lumina Foundation, Zanichelli, and PI Impact, joining existing partners such as the European Investment Fund and Jacobs Foundation. Additionally, the firm announced internal promotions, naming David Guérin as Partner, Isabella Vahdati as Principal, and Rhys Spence as Head of Platform & Research.
