Seedcamp raises $320M for its new fund to expand its US footprint
European venture capital firm Seedcamp has raised $320 million for its seventh fund, with plans to expand its investment footprint in the United States. The firm will split the capital between early-stage startups and growth-stage follow-on investments.
Why it matters
The expansion signals a growing trend of European VC firms seeking to bridge the gap between European innovation and the US market.
After 18 years of focusing on Europe, early-stage investor Seedcamp said on Monday that it had raised $320 million for its latest fund which will see it expanding its presence in the United States.
The article provides factual reporting on a funding round and corporate strategy.
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