Balderton Capital Raises $1.3B for European Startups with Two New Funds

Aug 12, 2024, 09:35 AM

Balderton Capital has successfully raised $1.3 billion to support European startups. The venture capital firm has established two distinct funds: a $615 million early-stage fund and a $685 million growth fund aimed at more mature startups. This substantial investment is seen as a positive development for Europe's startup ecosystem, with Balderton Capital, known for backing companies like Revolut, continuing to play a significant role in fostering innovation and entrepreneurship across the continent.