Seedcamp has spent nearly two decades writing the first check to companies before anyone else was sure they were worth one. Revolut , Wise, UiPath, Synthesia and Fluidstack have all received early funding from the London-based firm, and on Monday it announced it had raised $320 million to continue doing the same for the next generation, with one notable addition: a larger presence on the other side of the Atlantic.
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The capital is divided into two vehicles. A $220 million, the company's seventh, is the primary seed fund that supports founders from the beginning, before the company or broader theme is even apparent.
A separate $100 million Select fund has been created to follow winners as they grow, investing more money in the strongest companies in the portfolio through Series B and beyond. The structure allows Seedcamp to maintain early-stage discipline while holding onto its best picks for longer, rather than watching later, larger investors take the profit.
The main strategic move is American. Seedcamp is expanding its team to the US to create what it calls a “bridge across the Atlantic,” with the idea that European founders with global ambitions won’t have to relocate or wait to connect with American capital, customers, and senior sales and technical executives. The company presents this as a way to help founders “think globally from day one,” a proposition that takes direct aim at the long-standing complaint that Europe builds good companies and then loses them, or their growth, to the US.
Seedcamp has a track record of raising capital. Founded in 2007 with a first fund that the company puts at $2.5 million, it now manages over $1 billion in assets.
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It says Fund III has returned more than 13 times its capital to limited partners in cash and that Fund IV is at more than five times its paper value, figures the firm itself disclosed that are at the strong end of European venture capital returns. More than 80 founders it has backed have reinvested in its funds, a sign that the network is multiplying.
What Fund VII is showing is revealing. Recent investments include BioOrbit, a space-based manufacturing company, autonomous robot developer Sunrise Robotics , and AI-agent company Dust, a portfolio that signals a shift toward AI applied to science and the physical world rather than another wave of pure software. The firm operates with a deliberately small investment team of seven and describes its approach as collaborative rather than the industry’s “lone wolf” model, with each partner working across the portfolio.
“The last 20 years of European tech have created companies that have proven that Europe can win,” said Carlos Espinal, a managing partner. “The next 20 will create companies that will define entire industries globally from day one.” His co-managing partner, Reshma Sohoni, put the firm’s stance more bluntly: “Aspiring founders don’t want to be coddled. They want the sharpest opinion around the table when the stakes are high.”
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In an unusual move for the asset class, Seedcamp has published the LP fundraising deck it used to raise the money. What the new fund buys, the company says, is the ability to be in the room early and stay in it, on both sides of the ocean.
