Fundraising is "much easier" than it was four years ago, claims Idinvest Managing Partner Benoist Grossmann in the wake of its Digital Fund III first close. This latest fund is set to be nearly double the size of its €154m predecessor, a sign of the times when it comes to fundraising. "Fundraising is always complicated, however compared to four years ago it is easier because both venture and Idinvest performances are booming right now". As more and more venture firms raise megafunds to follow SoftBank's $93 billion, valuations in venture capital have continued to rise. This has driven up the amount startup companies look to raise during series A and B, claims Grossmann.