Balderton Capital launches $680M dedicated early-growth fund for European tech companies

Balderton-Capital-launches-$680M(source: SaaS Industry)
At a Glance

Balderton Capital, the European VC firm, has launched its dedicated growth fund of $680M to help tech companies emerging out of Europe. The launch comes amid its predictions of $50 billion growth potential in Europe over the next three years. It will invest in about 15 companies, both in primary and secondary investments, ranging between $25 to $50 million in each

Balderton Capital, a VC firm that majorly focuses on European-founded startups, has announced a $680 million dedicated early-growth fund for future tech giants sprouting out of Europe. 

In its statement, Balderton elucidated that the fund will target exceptional companies that are in their early growth stage, and will invest between $25 million to $50 million in each of them via primary and secondary investments. Though Balderton has backed numerous successful startups in Europe, investing in Series A and Seed for global leaders, this launch marks its first expansion into an entirely new stage of primary investing. 

Stating that Balderton will eye about fifteen exceptional companies that have the potential to be sector leaders, and disrupt global industries

“Our approach for this fund will be one of few. This means personalized attention from the entire partnership, plus access to Balderton’s leading platform team.”

Rana Yared, general partner at Balderton Capital

The VC firm enunciated that there remains a huge growth potential in Europe worth $50 billion for the next three years alone. With a maturing technology ecosystem and the COVID-19 pandemic disrupting the market, innovation has found room to boom. Deals ranging between $5 million and $50 million in Europe have witnessed a steady growth year-on-year, accelerating at a faster rate than those in the US. 

Bernard Liautaud, managing partner at Balderton Capital, stated that, keeping the growth in mind, Balderton aspires to be the first choice for ambitious founders. 

The VC firm stated that the dedicated fund is followed by its launch of Europe’s first dedicated secondary fund in 2018, Liquidity I, and its seventh Series A investment in 2019. In the past 18 months, about 22 companies have joined Balderton, and it has made over 45 follow-on investments. These asunder, Balderton have themselves raised more than $5 billion since January 2020, of which about $1.7 billion was raised in 2021 alone. It currently employs over 25,000 people, spread across 50 countries worldwide.

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