Hoxton Ventures, a London, UK-based venture capital firm, closed Hoxton III, at $215m.
The firm invests in seed-stage companies that are building new market categories and that intend to expand into the U.S. market.
Led by Hussein Kanji, Rob Kniaz, and newly added Charles Seely, Hoxton has made 63 investments to date, with 19 from the new fund. Four investments are currently worth over a billion dollars. The new fund gives Hoxton the ability to make larger investments at inception, and to make follow-on investments in the portfolio’s future rounds.
Its first fund has delivered some of the highest returns in Europe, with three of its investments going public last year: Deliveroo, Darktrace, and Babylon Health.
Seely was most recently an advisor to Cambridge Quantum, which merged with Honeywell Quantum Solutions to form Quantinuum. He also led 60+ early stage investments at his prior fund, including investments in Honey, Maven, Ouster, Zipline, and Zume.
FinSMEs
18/03/2022