We double they double! Following our previous investment in Fund V in 2020, we’ve doubled and invested again in Seedcamp VI!
With the closing of Fund VI, Seedcamp will continue its 15+ year track record of backing the next generation of exceptional European entrepreneurs. Fund VI ($180M) is almost double the size of Seedcamp’s Fund V ($95M) and is backed by some of the world’s leading institutions, angel investors, and Seedcamp founders. This is the firm’s most ambitious fund to date and it’s also one of Europe’s largest funds closed by a female-founded firm.
Coming just 2.5 years after the close of Seedcamp V and in the midst of a turbulent moment for the tech ecosystem, Seedcamp is no stranger to raising capital against a challenging macroeconomic climate. However, Seedcamp remains firm in its belief that investing at the earliest stage is still the best investment to make, a view supported by the hundreds of investors in the oversubscribed Fund VI.
Seedcamp VI will invest at the earliest stage in the next 100 most ambitious European companies, from Angel to Seed rounds. With the new fund, Seedcamp can lead investment and write first cheques of up to $1M in early-stage companies building foundational technologies spanning all sectors including the likes of artificial intelligence, cybersecurity, open source software, healthtech and fintech.
Founders will be in great company, joining Seedcamp’s portfolio of over 460 companies which includes 9 unicorns: UiPath (NYSE: PATH), Wise (LON: WISE), Revolut, Pleo, Hopin, Grover, Viz.ai, wefox, and Sorare alongside fast-growing businesses such as Synthesia, Buyonomics, Griffin, Ramp, Sylvera, Superscript, Primer, Appwrite, PortalOne, and Peppy.
In spite of what is happening in the macro-climate, we believe the time for investment in fundamental innovation is now, be it from chip set level (GPUs versus CPUs) to transformer models and software distribution. Our collective future will be shaped by the companies starting out today, and we can’t wait to partner with them on the journey.
- Seedcamp Partners
When we started out 15 years ago, we said Europe needed access to capital, basic knowledge on company building, and role models. Today, Europe’s needs have matured significantly, and it’s now all about speed, coverage, and quality, something we pride ourselves on at Seedcamp and that we know resonates with both our Founders and LPs.
- Reshma Sohoni, Seedcamp Founding Partner
Seedcamp has been an incredible partner in building Wise from the earliest days to becoming a public company. I'm excited to back Seedcamp Fund VI as a repeat LP, continue to be part of the strong and ever-growing Seedcamp Nation, and co-invest in the next generation of world-class entrepreneurs building in Europe.
- Taavet Hinrikus, Co-founder of Seedcamp portfolio company Wise and Seedcamp Angel LP