TLDR:
- Accel London VIII raises $650 million for investments in Europe and Israel.
- LPs in the fund include the Delaware Public Employees’ Retirement System.
Accel London VIII has successfully raised $650 million for its fund targeted at investments in Europe and Israel. The LPs in the fund include the Delaware Public Employees’ Retirement System, which committed $25 million. This fund will focus on supporting innovative startups and emerging companies in these regions. The fund’s size indicates a strong investor interest in the potential growth and opportunities in the European and Israeli tech ecosystems. This fundraising success reflects the confidence in Accel’s ability to identify and nurture promising startups in these regions. The capital raised will be crucial in fueling the growth and expansion of the portfolio companies, as well as supporting the overall development of the startup ecosystems in Europe and Israel. This fundraising milestone for Accel London VIII indicates a positive outlook for the venture capital landscape in Europe and Israel, highlighting the potential for strong returns and successful investments in the region.
