Prague-based VC Aspire11 has deployed the first €100 million of its €515 million fund of pension capital into a portfolio including Revolut, Databricks, VAST Data, Vinted, ElevenLabs and Baseten, alongside the announcement that former Ontario Teachers’ Pension Plan investor Zaya Kadyrova has joined as co-founder. The fund was launched in late 2025 to open new pathways for European pension funds to increase their exposure to VC funds and growth companies. Aspire11’s capital deployment comes amid at least €292 million of related capital announcements reported by EU-Startups in 2026 across private-markets infrastructure, investment technology, pension software and venture debt, including fellow Czech firm Orbit Capital’s €107 million Growth Debt Fund II, Berlin-based Upvest’s €108 million financing and bunch’s €30.1 million Series B. Including Aspire11’s deployed tranche, related announcements represent at least €392 million in disclosed or deployed capital. Founded in 2025, Aspire11 is a private markets investment platform focused on connecting long-term institutional capital with innovation-led growth opportunities.