Seedcamp, a British first check investor and backer of companies including Revolut, Wise, UiPath, Synthesia and Fluidstack, has raised €279 million ($320 million) to launch Fund VII and invest in the next generation of global companies. The new capital is allocated between €192 million ($220 million) for Seedcamp VII, the
David Cendon Garcia
Seedcamp, a British first check investor and backer of companies including Revolut, Wise, UiPath, Synthesia and Fluidstack, has raised €279 million ($320 million) to launch Fund VII and invest in the next generation of global companies.
The new capital is allocated between €192 million ($220 million) for Seedcamp VII, the first check fund, and €87 million ($100 million) for the Select fund, which focuses primarily on backing portfolio winners as they scale toward Series B and beyond.
Carlos Espinal, Managing Partner at Seedcamp, says: “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.”
Sia Houchangnia, Partner at Seedcamp, adds: “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.”
Since launching in 2007 with a €2.1 million ($2.5 million) first fund, Seedcamp now manages over €873 million ($1 billion) in AUM. Seedcamp Fund III is officially tracking to deliver a 20x net return to investors (having already paid back 13x), with Fund IV sitting at over 5x net TVPI.
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.
In contrast to the industry’s “lone wolf” style, the VC says each investment team member plays an active role across their portfolio companies.
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.
Reshma Sohoni, Managing Partner at Seedcamp, adds: “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.”
Seedcamp typically invests as the first institutional investor and leads most of its initial checks, with more than 80 founders originally backed by Seedcamp reinvesting in the fund.
Tom Wilson, Partner at Seedcamp, says: “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.”
