The Berlin-based VC Fund La Famiglia has raised €250 million for its combined third seed fund (which is €165 million) and its first growth co-investment fund (€90 million). The fund has a vertical focus on ML and AI, data, logistics, and supply chains, consumerization of B2B, fintech and insurtech, sustainability, so-called "Industry 4.0", as well as other new technology areas. The fund currently has over 70 startups in its portfolio, including Deel (a payroll and HR platform, most recently pegged at a $12 billion valuation); Personio (HR management software); Forto (digital freight forwarding); as well as Y42 (data operations cloud), Sweep (carbon accounting platform, similar to Watershed in the US) and Buynomics (commercial operating system). To date, the fund has raised more than €350 million since its inception in 2017. The fund aims to invest up to

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