Early-stage investor Seedcamp has announced a $320 million fundraise for its latest vehicle, marking its largest fund to date and a clear step toward deeper expansion in the United States.
The new capital is split between two strategies: $220 million for Seedcamp VII, which will back startups at the earliest stages, and $100 million for Select, a new growth fund designed for follow-on investments.
The firm, which has spent 18 years building its reputation in Europe, already operates in New York and Miami. Now it plans to strengthen its U.S. team further, with a focus on helping European founders connect with American customers, partners, and investors.
Co-founder and managing partner Reshma Sohoni says the strategy remains centered on being among the first backers of promising startups, including companies that are still pre-product or pre-revenue. Seedcamp continues to draw deal flow from its broad network of founders and limited partners.
That approach has helped the firm support companies such as Revolut, Wise, and Synthesia. Across more than 550 portfolio companies, Seedcamp says it now counts 12 unicorns and roughly $1 billion in assets under management.
Seedcamp VII is expected to write initial checks of around $1 million into 100 to 120 startups, while the growth fund will target later rounds with investments of about $3 million to $5 million. The firm says it will continue investing across sectors while avoiding capital-intensive models such as mobility and marketplaces. This expansion could help shape a more connected transatlantic startup ecosystem in the years ahead.