---
title: "Seedcamp raises $320M for its new fund to expand its US footprint"
url: https://stacklist.com/card/457927ac-1046-4244-ac15-487b1ef58481
source_url: "https://techcrunch.com/2026/06/22/seedcamp-raises-320m-for-its-new-fund-to-expand-its-us-footprint/"
stack: https://stacklist.com/c/finance/stack/2cbf265e-f417-43da-a831-53da3b160287
summary: "Seedcamp has raised $320 million across two funds, with $220 million for early-stage investments (Fund VII) and $100 million for growth-stage follow-ons (Select), marking its largest raise to date. The European-focused firm is expanding its U.S. presence to connect portfolio founders with American customers and investors, building on a track record that includes early bets on Revolut, UiPath, Wise, and Synthesia."
tags: "seedcamp, venture-capital, fundraising, early-stage, physical-ai, us-expansion, growth-investing"
key_entities: "Seedcamp (organization), Reshma Sohoni (person), TechCrunch (organization), Revolut (organization), UiPath (organization), Wise (organization), Synthesia (organization), British Business Bank (organization), HarbourVest (organization), Schroders (organization), Sofina (organization), San Francisco (location), Silicon Valley (location), New York City (location), Miami (location), physical AI (concept), Ram Iyer (person), Fluidstack (organization), Pleo (organization), Hopin (organization)"
classification: "analysis"
content_hash: "sha256:d7a04c794fa2f7f4ce3f71aad3deb733d1f41d6e4be6702a882102322a7fd211"
acp_version: "0.2"
token_counts_approximate: 944
visibility: public
agent_accessible: true
status: "final"
---

# Seedcamp raises $320M for its new fund to expand its US footprint

After 18 years of focusing on Europe, early-stage investor Seedcamp said on Monday that it had raised $320 million for its latest fund, which will see it expanding its presence in the United States. Fund VII is the investment firm’s largest so far, double the $180 million it had raised for Fund VI in 2023 . However, Seedcamp is splitting that amount to focus more on growth-stage investments: $220 million is slated for Seedcamp VII, its vehicle for early-stage investments, while the remaining $100 million is being set aside for growth-stage, follow-on investments via a new fund called Select. Seedcamp already has offices in New York City and Miami, but the firm is now setting out to grow the team stateside in an effort to connect more of its European portfolio to U.S. customers and investors, especially with San Francisco and Silicon Valley regaining their position as a center of gravity in recent years. “We need to plug founders to nodes that are connective,” Reshma Sohoni, Seedcamp’s co-founder and managing partner, told TechCrunch. Sohoni said the firm will continue its thesis of being one of the first investors in upcoming startups, be they pre-product, pre-revenue, or even pre-traction. The firm is tapping its extensive network of portfolio startups and LPs for deal flow. That thesis has served Seedcamp well. The firm was one of the first investors in several successful tech companies, including Fluidstack, Hopin, Pleo, Revolut, Synthesia, UiPath, and Wise. It has 12 unicorns in its portfolio of more than 550 companies and $1 billion in assets under management. Seedcamp VII is looking to invest roughly $1 million as a first check in about 100 to 120 startups, and follow on in later rounds, per Sohoni. The growth fund will invest about $3 million to $5 million per check, following on in Series B rounds and later. Sohoni said limited partners in Fund VII include British Business Bank, HarbourVest, Schroders, and Sofina, as well as 80 of its portfolio company founders who have pitched in as angel investors. Seedcamp will continue to invest across sectors, Sohoni said, though she did note the firm will continue to steer clear of capital-intensive businesses, like mobility or marketplaces. “We tend to avoid capital-intensive startups because funding working capital isn’t a great model on day one … We’re definitely a commercial-driven investor,” said Sohoni. Topics early stage funding , SeedCamp , Venture When you purchase through links in our articles, we may earn a small commission . This doesn’t affect our editorial independence. Ram Iyer Editor Ram is a financial and tech reporter and editor. He covered North American and European M&A, equity, regulatory news and debt markets at Reuters and Acuris Global, and has also written about travel, tourism, entertainment and books. You can contact or verify outreach from Ram by emailing ram.iyer@techcrunch.com . View Bio October 13 – 15 San Francisco Scale faster. Grow your portfolio. Gain practical expertise. No matter your goal, Disrupt can empower you. Save up to $330 toda y! REGISTER NOW Most Popular Judge pauses $110B Paramount-Warner Bros. merger Aisha Malik Apple and Google ordered to purge ‘nudify’ apps from App Stores Lucas Ropek Coca-Cola suspended production at its Fairlife dairy after a ransomware attack Zack Whittaker Tesla driver in fatal Texas crash pressed accelerator 100%, NTSB confirms Sean O'Kane Amid hardware legal battle, OpenAI releases a $230 keyboard for Codex Lucas Ropek Microsoft patches bug in video game Age of Empires II Lorenzo Franceschi-Bicchierai Anthropic, Blackstone bet the next trillion-dollar AI business is implementation, not just models Rebecca Bellan