5 years ago
Seedcamp Raises £78 Million to Back European Startups
Seedcamp, a London-based venture capital firm, has raised a new £78 million fund to invest in pre-seed and seed-stage startups in Europe
The fund was oversubscribed and backed by institutional investors, VC firms, and founders, including TransferWise’s Taavet Hinrikus, UiPath’s Daniel Dines, and Unity’s David Helgason
Seedcamp invests in a large number of startups, creating a network that can help founders access advice, customers, and talent
The firm’s pre-seed investment process involves running investment sprints and hosting investment forums
Seedcamp leads deals at pre-seed, writing checks of around £150-200k for a 6-7% ownership stake.
ProblemTechnology Infrastructure
"Early stage startups in Europe need access to capital and support to grow and scale."
Solution
"Seedcamp provides funding and support to early stage startups in Europe. They have a large network of investors, mentors and founders who can help startups succeed. They also run investment sprints to help startups get the funding they need."