Balderton Capital Announces $1.3 Billion Funds to Back European Tech Entrepreneurs

Balderton Capital, a leading European technology venture capital firm, has revealed its $615 million Early Stage Fund IX and $685 million Growth Fund II. The funds are intended to support Europe's most ambitious entrepreneurs from the seed stage through to IPO. The firm has seen strong investor demand for the funds, marking the first time it has raised both early and growth funds simultaneously.

The diverse history of Europe as a key hub for global tech, its growth in the technology ecosystem, and strong returns for investors have contributed to the investor interest in Balderton's funds. Over the last two years, Europe has established itself as a leader in AI, with London and Paris being the key innovation centers. European VC funds have outperformed North American funds over both a 10 and 15 year period.

Since its founding in 2000, Balderton has invested in over 275 technology companies from across Europe and has a current portfolio including global category leaders like Revolut, Dream Games, GoCardless, and more. The firm also provides hands-on support through its investment team, Balderton Platform team, Executives in Residence, and a strong community of leading European technology executives. With $1.3 billion in new funds and a strong portfolio, Balderton is enthusiastic about continuing to support Europe's top entrepreneurs. Balderton Capital is a multistage venture firm with a proven track record of backing AI, fintech, B2B SaaS, digital health, mobility, gaming, and marketplace companies. Its previous investments include Darktrace, Depop, Flywire, Kobalt, MySQL, Nutmeg, Peakon, and more, while the current portfolio includes Aircall, Beauty Pie, Contentful, Dream Games, and others.