Seedcamp has announced the launch of Fund V.
In Brief:
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The fund is worth $78mn.
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Despite Covid-19, it was 50% oversubscribed.
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It has been joined by instiutions, VCs, and angel investors – some of whom were Seedcamp supported founders.
What does this mean?
This is Seedcamp’s “biggest and most ambitious fund to date”. It has already suported over 1,000 founders who have raised over $4bn follow-on capital, and aims to grow its community even further despite economic uncertainty.