Seedcamp, the London-based venture firm known for backing Revolut and Synthesia in their earliest days, has raised $320 million across two new funds. The capital will be deployed to identify and nurture the next generation of top European companies, with a strategic push into the United States.
The round breaks down into a $220 million seventh core fund and a $100 million select fund, according to Crunchbase News. The select fund is designed to double down on winners from the core fund, extending support beyond the initial seed check. With this close, Seedcamp now manages over $1 billion in assets under management.
This fundraise comes at a time when European early-stage venture capital remains competitive but fragmented. Seedcamp's portfolio already includes standout names like Revolut and Synthesia, each valued in the billions. The firm's ability to identify outliers early gives it leverage in a market where many seed investors struggle to differentiate.
By targeting US expansion alongside its European core, Seedcamp is signaling a shift toward cross-Atlantic deal flow. If successful, it could bridge the gap between European innovation and American scale—an increasingly common strategy among top-tier European VCs. The move also reflects growing investor appetite for seed-stage exposure with a proven track record.
Seedcamp was founded in 2007 and has since backed over 400 startups. The firm's latest raise underscores the enduring appeal of early-stage investing in Europe, even as macroeconomic headwinds persist.