Seedcamp has raised $320 million for its latest fund aimed at expanding its presence in the United States, the company announced this week. The London-based early-stage venture capital firm plans to use the capital to increase investments in US startups and strengthen its transatlantic reach.
The new fund, Seedcamp VII, follows the firm’s previous successful funds and reflects growing investor confidence in Seedcamp’s strategy. The firm has built a reputation for backing early-stage technology companies across Europe and is now accelerating its expansion into the US market. Seedcamp’s managing partners highlighted that the fund will support startups at seed and pre-seed stages, focusing on sectors such as fintech, SaaS, and deep tech.
Seedcamp’s $320 million fund is one of the largest early-stage funds raised by a European VC targeting US startups. This move aligns with a broader trend of European venture capital firms increasing their footprint in the US to access a larger pool of innovation and deal flow. Comparable funds in the sector include Accel’s early-stage vehicles and Index Ventures’ transatlantic funds, which have similarly expanded their US investments in recent years.
Seedcamp’s announcement comes as the firm prepares to deploy capital across a growing pipeline of US startups. The firm disclosed that it has already identified several promising companies for investment, with initial deals expected to close in the coming months, marking a significant step in Seedcamp’s US expansion strategy.