Blossom Capital, a London, UK-based venture capital firm, closed its $185m second fund.
LPs in the new vehicle, which brought the total funds raised to $270m, include institutional investors and high-profile tech entrepreneurs.
With the fund, the firm will invest at seed and Series A level with the European continent’s brightest founders in the fintech, travel, devops, infrastructure and cybersecurity sectors.
Set up in 2017 by the former Index Ventures and LocalGlobe VC Ophelia Brown and also led by partners Imran Ghory and Louise Samet, Blossom aims to partner with early-stage, industry-defining founders across Europe by offering a balance of US network and operational expertise with local knowledge to tap into Europe’s opportunity.
To date, it has invested in some European tech firms including payments company Checkout.com, travel booking platform Duffel, cybersecurity platform Tines, design leader Frontify and consumer healthcare startup Inne.
FinSMEs
22/01/2020