Seedcamp, the London-based venture capital firm announced the closing of its seventh flagship fund, Fund VII, with $220 million dedicated to early-stage investments, alongside a $100 million Select Fund II designed to provide follow-on capital to the firm’s top-performing portfolio companies as they scale through Series B and beyond.
Founded in 2007, Seedcamp is one of Europe’s earliest seed investors. The firm launched with an initial fund of just $3 million and has since invested in approximately 550 startups, including early bets on Revolut, Wise, and Fluidstack.
With the closing of the new funds, Seedcamp’s assets under management have reached $1 billion.
Seedcamp said it remains focused on being the first institutional investor in ambitious founders, while increasingly backing companies operating at the intersection of software, AI, science, and the physical world. Recent investments include BioOrbit, Sunrise Robotics, and Dust.
Alongside the new capital, the firm is expanding its transatlantic strategy through its New York office, providing European founders with greater access to U.S. customers, investors, and talent networks.
According to Hilary Howe, who heads Seedcamp’s New York office, European startups are entering the U.S. market much earlier than in previous generations.
“Historically, maybe we’d see a company raise a round and stay in Europe, dominate their local market, raise a few more rounds, and then come to the U.S.,” Howe told Crunchbase. “Now we’re seeing them come right from the get-go.”
The trend reflects a broader shift among European founders who increasingly view the U.S. as a critical market from day one, particularly in sectors such as AI, enterprise software, fintech, and deep tech.
More than 80 founders from Seedcamp’s portfolio participated as investors in the new fund, underscoring the firm’s growing network of operators and entrepreneurs.
Today, Seedcamp is supported by a community of more than 1,200 founders and operators, many of whom help mentor and support the next generation of startups emerging from Europe.
The announcement comes amid growing investor interest in AI, robotics, and deep-tech startups, with venture firms increasingly reserving capital to support their strongest portfolio companies through later stages of growth.
