Seedcamp, the London-based seed investor behind Revolut, Synthesia, and UiPath, has raised $320 million to fuel its next wave of European bets. The firm is deploying the capital across two funds, aiming to uncover the continent's future breakout companies.
The new capital is split between $220 million for Seedcamp VII, its flagship first-check fund, and $100 million for a second select fund, according to Crunchbase News. The haul pushes Seedcamp's total assets under management past the $1 billion mark, a milestone that underscores its growing heft in early-stage investing.
Europe's seed-stage ecosystem has matured rapidly, with firms like Seedcamp competing against Atomico and Balderton for top deals. The raise comes as European startups increasingly attract global attention, particularly in AI and fintech — sectors where Seedcamp has placed winning bets on Synthesia and Revolut.
For the broader venture landscape, this signals that late-stage and secondary opportunities are becoming integral to seed-focused firms. The select fund allows Seedcamp to double down on its most promising portfolio companies, a strategy that could boost returns and deepen its influence across Europe's startup pipeline.
Seedcamp, founded in 2007, has backed over 450 companies. The firm says it will use the fresh capital to continue discovering and supporting early-stage entrepreneurs, with an eye on expanding its presence in the US as well.