Isomer Capital, a London, UK-based venture capital firm, held the first close of its new $100m opportunities fund.
Isomer Capital Opportunities is a new co-investment fund backed by British Business Investments, through its Managed Funds Programme, amongst foundations, corporations, and family office investors from Europe, Asia and the US.
The fund will provide ongoing support to fast-growing technology scale-ups from within the firm’s early stage portfolio. Isomer Capital Opportunities will make investments alongside its VC partners into approximately 20 companies sourced from within the firm’s previous fund-of-funds, Isomer Capital I.
Isomer Capital is a venture capital investment firm investing in some of the best European technology companies, through VC fund commitments, co-investments, and secondary transactions. Being invested today in 40 funds in Europe and having exposure to over 970 tech companies, Isomer will leverage this network of partnerships to access and co-invest in the fastest growing companies, the ones generating already substantial revenues and being backed by the best early-stage VCs in Europe.
Isomer Capital I has so far generated 7 unicorns, four of which have exited through IPO or M&A (including Deliveroo and Darktrace in the UK) recently. Following this fund, the firm has launched last year Isomer Capital II, a €250m diversified fund of funds that has already invested in 14 VC funds and invested over 25% of its capital.
Have a look at the firm’s team here