First investor in Revolut and Wise closes $320m fund – and has a surprise impact portfolio

21 Jun 2026
21:01
Seedcamp has backed some of Europe's biggest fintech exits – and built a portfolio of software startups fixing food waste, crop yields, and home energy along the way.
Now it has closed its biggest fund yet, on the back of a claimed 13x cash return to investors from its third vehicle.
"The last 20 years of European tech created companies that proved Europe could win," said managing partner Carlos Espinal.
Now it has closed its biggest fund yet, on the back of a claimed 13x cash return to investors from its third vehicle.
"The last 20 years of European tech created companies that proved Europe could win," said managing partner Carlos Espinal.
Europe's longest-running early-stage VC has raised its largest fund yet.
London-based Seedcamp has closed $320m across two vehicles: a $220m flagship fund for first-check investments and a $100m Select fund to back portfolio winners through Series B and beyond, the firm announced on 22 June.