The team behind Seedcamp VI | Image credit: Seedcamp
London-based Seedcamp, a European seed fund that invests early in founders attacking global markets and solving real problems using tech, announced on Wednesday that it has launched Fund VI at $180M (approximately €165.84M).
Fund VI is supported by 200+ impact investors and is almost double the size of Fund V (€87.9M).
Currently, the VC has a portfolio of over 460 companies, including 9 unicorns and two publicly listed companies.
Investors supporting the new fund
Seedcamp says it has the trust of many of its own founders as investors in Fund VI, including Jeppe Rindom (Pleo), Johnny Boufarhat (Hopin), Taavet Hinrikus (Wise), Daniel Dines (UIPath), Mridula Pore (Peppy Health), Eldad Fuks (Appwrite), and others.
Taavet Hinrikus says, “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.”
The Fund also has the support of over 200 institutions, Angels, and members of the Seedcamp Network as investors in Fund VI.
These include Vintage IP, TIFF, Ref Cap, Harbourvest, LGT, Legal & General, Arcano Partners, Sofina Group, EU VC, Michael Pennington (Gumtree), Will Neale (Grabyo), Paul Forster (Indeed), Ilkka Paananen (Supercell), Shakil Khan (Spotify) and Kärt Siilats (GoBeyondCapital).
What to expect from Fund VI?
With the help of Fund VI, Seedcamp can lead investment and issue first checks in Angel to Seed rounds for up to $1M.
The VC firm maintains a sector-agnostic strategy and seeks to support businesses developing foundational technologies across industries such as artificial intelligence, cybersecurity, open-source software, healthtech, finance, and more.
“We pride ourselves on being an organisation that pairs the agility and ethos of an Angel with the capital, operational excellence, and network of an experienced VC. And we’ve got the track record to prove it.”
Europe’s largest Angel and expert networks will support Fund VI’s portfolios to operationalise and scale faster.
Founders and their teams will receive support from the new Seedcamp Expert Collective (SxC), a group of 100+ “top-quality” operators who have scaled businesses like Uber, Stripe, Cloudflare, Revolut, Deliveroo, NextDoor, Skyscanner, and Wise.
This support will come in the form of one-on-one meetings, workshops, content, micro-communities, and, in some cases, angel investment.
Here’s the fundraising pitch deck used for Seedcamp Fund VI
If you are looking for funding from Seedcamp, apply here.