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Today: November 17, 2024
August 12, 2024
1 min read

Balderton Capital Raises Nearly €12 Billion for Early-Growth Funds

TLDR:

  • Balderton Capital announced its €563 million Early Stage Fund IX and €627 million Growth Fund II to support European entrepreneurs from seed stage through IPO.
  • Europe has become a key hub for global tech, with the fund pointing out successful AI innovation in London and Paris.

Balderton Capital, a top technology venture capital firm in Europe, recently unveiled its €563 million Early Stage Fund IX and €627 million Growth Fund II to back ambitious entrepreneurs across the continent. The firm aims to support founders from the seed stage all the way to IPO, with a focus on building world-changing businesses in Europe. Balderton has a history of success over its 25 years and has attracted a global investor base interested in its European expertise.

The European technology ecosystem has seen strong returns, outperforming North American funds over the past decade according to data. Europe has proven to be a leader in AI, with London and Paris emerging as key innovation centers. The fund attributes this success to factors like top-notch institutions, a culture of entrepreneurship, a well-developed funding ecosystem, and experienced founders.

With investments in over 275 technology companies, Balderton’s portfolio includes industry leaders like Revolut, Dream Games, and Aircall. The firm offers support beyond funding, with a team of experts in various fields to assist founders and portfolio companies. With nearly €1.2 billion in new funds, Balderton is well-positioned to continue partnering with top European entrepreneurs as they build groundbreaking companies.

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