Revaia, a European venture capital firm, has raised €250 million (US$272.81 million) for its second growth fund, Revaia Growth II, bringing its total assets under management to €600 million (US$654.75 million).

The fund secured an additional €100 million (US$109.13 million) since its initial close in late 2023, with investors including Bpifrance SACA, the European Investment Fund, BNP Paribas Cardif SA, and JPMorgan Chase & Co.