- Portfolio News
- 21 November, 2024
Read the message from the Partnership on the story behind the launch of this fund.
- Balderton’s sixth fund brings total raised to $2.6bn
- Focuses on early stage tech innovation across Europe
London, 27th November 2017: Balderton Capital, Europe’s leading investor in Series A-stage technology companies, today announces that it has raised a new $375m fund to support a new generation of European-born global tech businesses.The latest fund has been raised from new and existing investors from Europe, the U.S. and Asia, as the continent’s technology sector reaches a pivotal moment. A critical mass of fast-growing companies, ambitious entrepreneurs, top tier technical talent, and access to multi-stage investment means that Europe’s next global giant is set to be a technology company.
Europe’s technology sector has already produced many game-changing global companies, but we are still waiting for our continent’s very own Google, Amazon or Facebook to emerge. As European startups grow bigger faster, we are convinced that is finally about to change.
Europe’s technology sector has already produced many game-changing global companies, but we are still waiting for our continent’s very own Google, Amazon or Facebook to emerge. As European startups grow bigger faster, we are convinced that is finally about to change.
Bernard Liautaud, managing partner, Balderton
With growth accelerating – this year to date European companies have attracted more than $12.5bn of venture investments – the continent can now produce and scale tech businesses of global significance.”From A.I. to gaming, and music to messaging, Europe has built up reservoirs of world-class expertise which has inspired a generation of entrepreneurs with ten times the ambition of a decade ago,” he adds.
About Balderton CapitalBalderton Capital is Europe’s largest early stage venture capital investor, focused on European technology companies at Series A. Based in London, the firm manages $2.6bn and invests in entrepreneurs building globally ambitious businesses. Balderton’s Partners and advisory team include the founders and operational leaders of multi-billion dollar companies including Business Objects, Dropbox, Uber and Autonomy. Previous investments include Betfair (FTSE: BET), Magic Pony (Twitter), NaturalMotion (Zynga), Sunrise (Microsoft) and Yoox Net-a-Porter (BIT: YNAP). Among Balderton’s current portfolio of 76 companies are: Aircall, Carwow, Citymapper, Contentful, GoCardless, The Hut Group, Kobalt Music, Nutmeg, Prodigy Finance, Recorded Future, Revolut, ROLI, SOPHiA Genetics, Talend (NASDAQ: TLND), Vestiaire Collective, and Vivino.