Argo advises Entourage on the launch and closing of its second fund

Argo advised Entourage on the launch and closing of Entourage Capital II, its second venture capital fund, which raised €100 million to invest in the next generation of technology companies.

The fund was oversubscribed within two weeks of its first outreach, exceeding its initial target of €75 million. It is backed by entrepreneurs, family offices and private investors, including founders of Belgian technology companies.

Building on Entourage’s first fund, Fund II will invest in around 25 pre-seed and seed companies across Europe and beyond, with initial investments ranging from €1 million to €5 million. Its investment focus spans AI and enterprise software as well as robotics, physical AI and deep tech.

Argo assisted Entourage with the set-up of the fund from a legal, tax and regulatory perspective.