Seedcamp has raised £240 million to invest in the next generation of global companies. The raise is split across a £165 million flagship fund, Seedcamp VII, and a £75 million Select fund focused on backing portfolio winners through Series B and beyond.
Seedcamp VII continues the firm's strategy of investing as the first institutional investor, backing founders before the company or category is obvious. The fund targets founders building across AI and technology with applications in science and the physical world, with recent investments including space manufacturing company BioOrbit, autonomous robotics developer Sunrise Robotics, and AI agent company Dust.
The Select fund provides follow-on capital for portfolio companies already backed by Seedcamp as they scale toward later rounds. Both funds reflect a deliberate expansion of the firm's model, combining early-stage investing in Europe with an enlarged US team intended to act as a transatlantic bridge - connecting founders with US capital, commercial and technical hires, and customer networks from day one.
Founded in 2007 with a £1.9 million first fund, Seedcamp now manages over $1 billion in assets under management. Seedcamp Fund III has returned over 13x DPI to its limited partners, and Fund IV sits at over 5x net TVPI. More than 80 founders previously backed by Seedcamp have reinvested in the fund.
The firm operates with an investment team of seven. Past investments include Revolut, Wise, UiPath, Synthesia and Fluidstack.
The last 20 years of European tech created companies that proved Europe could win. The next 20 will create companies that define entire industries globally from day one. That shift is already happening - and our job is to back the founders building before everyone else sees it.
Ambitious founders don't want to be coddled; they want the sharpest opinion around the table when the stakes are highest. By bridging our day one investment with a high-velocity US platform, we ensure our founders are in the room where it matters from the very start.
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.
We're at the end of a 20 year software cycle and the beginning of a new technological paradigm where AI increasingly intersects with science and the physical world. What's exciting is that many of the founders building in that next frontier are emerging from Europe with global ambition from day one. Seedcamp has spent nearly two decades backing founders before the company or category is obvious, and Fund VII is about continuing to support that next generation from the very beginning.
