After 18 years of focusing on Europe, early-stage investor Seedcamp 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. However, Seedcamp is splitting that amount to focus more on growth-stage investments: $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 called Select.
