Seedcamp raises $320M for Fund VII, plans US expansion after 18 years in Europe
Summary
Seedcamp, an early-stage investor focused on Europe for 18 years, has raised $320 million for its latest fund (Fund VII) — its largest to date, double the $180 million raised in 2023. The firm plans to expand its presence in the United States. The fund is split into $220 million for early-stage investments (Seedcamp VII) and $100 million for growth-stage follow-on investments via a new vehicle.
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Key quotes
· 3 pulledSeedcamp said on Monday that it had raised $320 million for its latest fund which will see it expanding its presence in the United States.
Fund VII is the investment firm's largest so far, double the $180 million it had raised for Fund VI in 2023.
$220 million is slated for Seedcamp VII, its vehicle for early-stage investments, while the remaining $100 million is being set aside for growth-stage, follow-on investments via a new fund
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