Balderton, the London based venture capital firm, has closed a new $400M early stage fund which will be deployed into outstanding European founders looking for Series A investments.
The new fund will be managed by an investment team of 15 working as a single team across Europe, with permanent staff members based in both Paris and Berlin to help build close relationships with entrepreneurs, seed funds and accelerators and to provide ongoing support to portfolio companies on the ground.
Portfolio companies will also have access to Balderton’s Build platform that can provide talent, marketing, finance and legal services to support companies as they scale. In addition to Build’s in-house team, the platform connects founders and their teams to an active community of peers.
Balderton generally supports founding teams by providing them with access to the global industry leaders in its Executive Council; the CEO Collective network and offsite; and functional team events, meet-ups and workshops hosted at its Kings Cross headquarters and across Europe.
Since the start of 2018, Balderton’s portfolio has raised over $2bn in follow-on funding, and now employs 18,000+ people in 50+ countries. The firm has also invested in 26 new companies in that time.
Balderton now have active investments in more than 90 companies, across 15 European countries.
Original Source: FinSMEs
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