PANews reported on November 29th that, according to Mailchi, European venture capital firm Índico Capital Partners officially announced the launch of its sixth venture capital fund, Indico VC Fund III, with a total investment of €125 million. The European Investment Fund (EIF) plans to commit €30 million. The fund's individual investments will reportedly range from €10 million to €10 million and will focus on sustainable economic models such as artificial intelligence, deep technology, blockchain/Web3, fintech, and digital markets. Índico Capital Partners' Web3 portfolio includes luxury NFT platform Exclusible and metaverse startup Sound Particles.