Creator Fund, the pre-seed VC that finds and backs Europe’s scientific founders before they have a pitch deck, has closed its first European fund at $56 million. 

The UK-based firm said KfW Capital – a subsidiary of KfW, Germany’s state-owned promotional bank, operating on behalf of the federal government and the states – has joined the final close as the Fund’s biggest investor, as Creator Fund scales its model across Europe.

Creator Fund becomes the largest student fund in the world and the first to scale the student-sourcing model across a continent. 

Since 2019, Creator Fund has backed 62 companies in total. It returned its first fund last year when it sold Loci to Epic Games – a company it backed after a founder’s six-second video caught their attention in a Cambridge University lab. In the past six months, two of Creator Fund’s companies have surpassed $100m in total funding.