TLDR:
Accel is raising a $650 million fund to support early-stage ventures in Europe and Israel. They are one of the few VC firms that are truly global, with investments in over 200 companies across more than 60 cities and 20 countries.
Key Points:
- Accel is raising a $650 million fund to support early-stage ventures in Europe and Israel.
- They are one of the few VC firms that are truly global, with investments in over 200 companies across more than 60 cities and 20 countries.
Accel, a Silicon Valley VC firm, has opened its London office in 2000 and has been actively supporting transformative European and Israeli enterprise and consumer technology companies. The European and Israeli VC market is growing rapidly, with more than $66B invested in 2023. Accel’s portfolio includes companies from various countries in Europe and Israel, spanning industries such as AI, cybersecurity, and fintech.
Harry Nelis, a partner at Accel, highlighted the firm’s deep knowledge of the region and the exceptional talent in areas such as AI, cybersecurity, fintech, and the modern data stack. Accel is looking forward to supporting the next generation of founders and continuing its legacy of investing in innovative technology companies.
