Seedcamp, Europe’s ‘original first cheque investor’, has raised $320 million to invest in the next generation of global companies.
Seedcamp was the earliest backer of giant companies including Revolut, Wise and Synthesia.
Since launching in 2007 with a $2.5m first fund, Seedcamp now manages over $1 billion in Assets Under Management and has delivered some of the strongest venture fund returns in Europe.
The new capital is allocated between $220m for Seedcamp VII, the flagship ‘first cheque’ fund, and $100m for the Select fund, which focuses primarily on backing portfolio winners as they scale toward Series B and beyond.
For nearly two decades, Seedcamp has backed founders before they become obvious as the first institutional investor. Many of those companies have gone on to become the largest technology businesses in the world.
With Fund VII, Seedcamp doubles down on this conviction, combining early-stage investing in Europe with an expanded US team to ‘create the de facto Transatlantic Bridge’.
This investment brings US capital, commercial and technical hires, and the customer network required to think global from day one.
Having invested through every major technology cycle since 2007, Seedcamp has established a reputation for high conviction, collective investing. In contrast to the industry’s ‘lone wolf’ style, each investment team member plays an active role across its portfolio companies, a deliberately collective approach that puts 20 years of earned wisdom to work.
Today, the firm operates with a focused investment team of seven, built to support founders tackling the next frontier of innovation. Recent investments – like space manufacturing company BioOrbit, autonomous robotics developer Sunrise Robotics, and AI agent company Dust – signal the direction for Fund VII as it invests in AI and technology with applications across science and the physical world.
Carlos Espinal, managing partner at Seedcamp, said: “The last 20 years of European tech created companies that proved Europe could win. The next 20 will create companies that define entire industries globally from day one. That shift is already happening – and our job is to back the founders building before everyone else sees it.”
Reshma Sohoni, also a managing partner, said: “Ambitious founders don’t want to be coddled; they want the sharpest opinion around the table when the stakes are highest. By bridging our day one investment with a high-velocity US platform, we ensure our founders are in the room where it matters from the very start.”
Partner Sia Houchangnia said: “There was a time when European founders waited for permission to dominate global markets. That era is over. Whether it’s a teenage dropout in Warsaw, a repeat founder in Paris, or a deeptech spinout from Zurich, the level of ambition is immediate and total. We’ve expanded our team and US presence to match that drive.”
Partner Tom Wilson added: “We’re at the end of a 20-year software cycle and the beginning of a new technological paradigm where AI increasingly intersects with science and the physical world.
“What’s exciting is that many of the founders building in that next frontier are emerging from Europe with global ambition from day one.
“Seedcamp has spent nearly two decades backing founders before the company or category is obvious, and Fund VII is about continuing to support that next generation from the very beginning.”