Early-stage fund Seedcamp has announced the close of a $180 million fund.

Seedcamp, which has backed founders across Europe for the last 15 years, says Fund VI is almost double the size of Seedcamp V, raised two-and-a-half years ago.

It features hundreds of investors including LGT, Reference Capital, Harbourvest, Legal & General. 

Angels include the likes of Michael Pennington (Gumtree), Will Neale (Grabyo), Paul Forster (Indeed), Ilkka Paananen (Supercell), Shakil Khan (Spotify), Kärt Siilats (GoBeyondCapital), Taavet Hinrikus (Wise), Daniel Dines (UiPath), Jeppe Rindom (Pleo), and Johnny Boufarhat (Hopin).

“When we started out 15 years ago, we said Europe needed access to capital, basic knowledge on company building and role models,” said founding partner Reshma Sohoni. 

“Today, Europe’s needs have matured significantly, and it’s now all about speed, coverage, and quality, something we pride ourselves on at Seedcamp and that we know resonates with both our Founders and LPs.”

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Seedcamp’s portfolio of over 460 companies includes nine unicorns – New York-listed UiPath, London-listed Wise, Revolut, Pleo, Hopin, Grover, Viz.ai, wefox and Sorare – alongside fast-growing businesses such as Synthesia, Buynomics, Griffin, Ramp, Sylvera, Superscript, Primer, Appwrite, PortalOne and Peppy.

Hinrikus, co-founder of Wise and Seedcamp Angel LP, commented: “Seedcamp has been an incredible partner in building Wise from the earliest days to becoming a public company. 

“I’m excited to back Seedcamp Fund VI as a repeat LP, continue to be part of the strong and ever-growing Seedcamp Nation, and co-invest in the next generation of world-class entrepreneurs building in Europe.”

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