Mouro Capital Announces $400 Million Third Fund Backed by Santander

The Santander-backed venture firm said it has closed its third fund at $400 million and will target startups spanning AI, blockchain, capital markets, and wealth management.

Summary

Mouro Capital said it has closed its third fund at $400 million, updating an earlier first-close announcement. The Santander-backed venture firm said the new vehicle will invest in startups operating at the intersection of artificial intelligence, blockchain, capital markets, and wealth management. The fund underscores continued institutional support for financial technology and digital asset infrastructure, with blockchain remaining one of the firm’s core investment themes.

Terms & Concepts
  • Blockchain: A shared digital ledger that records transactions across a network, allowing data to be stored transparently and without a central operator.
  • First close: The stage in a fundraise when a venture capital fund secures an initial amount of committed capital and can begin investing before the final close.