8 years ago

Seedcamp raises £41 million for new fund to back European startups

  • Seedcamp, a London-based venture capital firm, has closed its fourth fund at £41 million, double the size of its last

  • The fund will invest in pre-seed and seed stage companies across Europe, with a focus on bringing together investors and entrepreneurs

  • The firm has been active for over a decade and has backed over 250 companies, including TransferWise

  • Seedcamp's new fund has attracted a diverse group of investors, including the British Business Bank, MassMutual Ventures, Investec, and Thomas Cook Money

  • The firm is also looking to expand its investment activity into follow-on rounds up to Series B

      • ProblemTechnology Infrastructure

      "Early-stage startups in Europe face difficulty securing funding, especially at the pre-seed and seed stages, often limiting their growth potential and ability to reach the next funding round."

      Solution

      "Seedcamp provides early-stage funding to startups across Europe, offering pre-seed investment of up to £250,000 and seed investment of up to £400,000. They also provide access to a vast network of investors and mentors, helping startups build a strong foundation for their future success."

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