Menu visibility control

Video

Events

Startup Surgery

Most Recent

Crowdfunding

PropTech firm No Agent raises over £500,000 through crowdfunding

News

Oxford’s AI firm Oxbotica gets £8.6m to lead driverless car consortium

Tech City Voices

Five reasons why starting a tech business is a marathon, not a sprint

Press Releases

Redbox Digital Gains Prestigious Magento Global Elite Partner Status
More than £1m transacted using Loot in its first 4 months
HT2 Labs receives Series A investment from City & Guilds Group

Seedcamp launches $30m fund to scale up European startups

Seedcamp
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

London-based accelerator programme Seedcamp has announced a $30m fund aimed to scale seed investment across Europe.

It is the company’s third fund and is four times larger than either of the previous two.

Reshma Sohoni, cofounder and partner at Seedcamp hopes the fund will set a new model for acceleration in the UK, Europe and globally.

Startup Weekly: Cybersecurity accelerator, Seedcamp’s hunt for legal tech startups & more

Tech City is a beacon for talent and capital.

With Seedcamp in the heart of Campus and Tech City, we will provide seamless support for our founders into London, Europe, Russia, China and critically the US to help them be world dominating.

Seedcamp Logo Large PNGScaling up

Speaking to Tech City News, Sohoni explained that starting up is no longer the main problem faced by startups. For many, the biggest challenge is scaling up the business.

Seedcamp believes that providing the first $75k investment and three-month programme is no longer sufficient. Breakout success is about scale and that’s what this fund sets out to achieve.

Focus

Fintech, Internet of Things, and marketplace businesses are likely to be funded by Seedcamp’s most recent venture says Sohoni.

This reiterated the thoughts of Index Ventures in July when the firm announced their newest $550m fund would be investing heavily in fintech and marketplaces. (Index have also contributed to the Seedcamp fund.)

Through this fund, Seedcamp hopes to “redefine what it means to accelerate and scale an early stage company”.

Enter your email address to receive updates straight to your inbox

* indicates required
Send me news on...
twitterlinkedinFacebookgoogle_plustwitterlinkedinFacebookgoogle_plus

Editor's picks

team-no agent

PropTech firm No Agent raises over £500,000 through crowdfunding
posted 1 hour ago

self-driving cars

Oxford’s AI firm Oxbotica gets £8.6m to lead driverless car consortium
posted 2 hours ago

london marathon

Five reasons why starting a tech business is a marathon, not a sprint
posted 3 hours ago

chickens

Farmdrop gets £7m from investors including Skype co-founder Niklas Zennström
posted 7 hours ago

gender pay reporting

Making gender pay gap reporting work for tech
posted on April 23, 2017

tech stats

Top tech stats: UK FinTech, Brexit, cybersecurity and more
posted on April 22, 2017