UK-based early-stage venture capital firm Seedcamp has raised $320 million across two new funds, strengthening its position in European tech investing, with $220 million allocated to its flagship seed fund Fund VII and $100 million dedicated to its Select fund focused on supporting companies from Series B onward.
- Founded in 2007 with a $2.5 million first fund, Seedcamp now manages more than $1 billion in assets under management. Over the years, it has backed several major European tech companies including Revolut, Wise, UiPath, Synthesia, and Fluidstack.
- The firm reports that its early funds have delivered strong performance, with Fund III generating more than 13x DPI (distributed to paid-in capital), a key measure of realised returns.
- With the new capital, Seedcamp will continue focusing on early-stage investments across Europe while increasing support for companies as they scale. The Select fund is designed to back portfolio winners in later rounds to help them grow globally.
- Seedcamp operates with a team of seven investors who work across all deals, supported by a wider network of more than 1,200 operators, including around 80 founders who also invest in the fund.
"There was a time when European founders waited for permission to dominate global markets. That era is over. Whether it’s a teenage dropout in Warsaw, a repeat founder in Paris, or a deeptech spinout from Zurich, the level of ambition is immediate and total. We’ve expanded our team and US presence to match that drive," explains Sia Houchangnia, partner at Seedcamp.
- The firm is also expanding its presence in the US with a New York office, aiming to give portfolio companies better access to capital, customers, and talent.
