Will Orde from Passion Capital told Vestbee about its fund’s strategy and investment approach.
The round was led by Shine Capital, with participation from Ada Ventures, Seek Investments, GSV, and NFX.
The round was led by redalpine, with participation from Gradient, BoxGroup, and Frst.
General Catalyst was the lead investor, and Arcadia Gaming Partners and e2vc also joined.
Fund II will invest in up to 30 UK-based pre-seed and seed-stage startups, with typical initial cheques of around $2 million.
The firm was led by LocalGlobe and Cambridge Innovation Capital.
The Series C was led by HarbourVest Partners, with participation from CPP Investments, Highland Europe, Spark Capital, Redalpine, and Seedcamp.
The £8.7 million funding round was supported by IW Capital, XTX Ventures, and Macmillan Cancer Support.