Overview
- Seedcamp closed a $320 million package on Monday, raising $220 million for its seventh flagship seed fund and $100 million for a select growth vehicle and lifting assets under management to about $1 billion.
- The flagship will target roughly 35 new seed investments a year with initial checks up to $1.3 million, will lead about 70% of rounds, and will reserve around 40% of capital for follow-on seed and Series A support.
- The $100 million select fund is dedicated to backing portfolio winners at Series B and beyond so Seedcamp can continue supporting companies it first backed at seed.
- Seedcamp cites strong past performance to attract limited partners, noting its 2014 vintage has returned roughly 13x DPI and reporting a greater-than-1,000x return on its early Revolut stake according to sources close to the firm.
- Partners say the firm will tilt toward physical AI and robotics with early bets such as BioOrbit and Sunrise Robotics, a strategy meant to leverage Europe’s science and industrial strengths and to help founders scale into the U.S. market.