Seedcamp secures **$320 million** in new capital, allocating **$220 million** to its early-stage **Fund VII** and **$100 million** to its new **Select growth fund**. The raise pushes its total assets under management (AUM) past **$1 billion**, while also announcing plans to expand operations into the **United States** in 2026.
Seedcamp closes its seventh fund at **$320 million**, targeting early-stage startups. The firm highlights strong returns from Fund III, achieving **13x distributed profit to investors (DPI)** and a **50.3% net internal rate of return (IRR)**. The deck includes performance metrics and insights from backing high-growth companies like **Revolut**, which Seedcamp initially funded at **£300K** before its rapid expansion.
Seedcamp raises $320 million for Fund VII, its largest fund to date, and plans to expand its U.S. presence. It splits the fund into $220 million for early-stage investments and $100 million for Select, a new growth-stage follow-on fund. Seedcamp VII expects to invest about $1 million in 100 to 120 startups, while Select plans checks of $3 million to $5 million in Series B and later rounds.
Seedcamp has raised **$320 million** across two funds, marking its largest capital raise in nearly two decades. The firm is focusing investments on **physical AI**—AI systems integrated into hardware and robotics—while expanding its **US-based team** to support this new strategy. The funds will target startups developing AI-driven physical solutions, reflecting a long-term bet on automation, robotics, and embedded AI technologies.
Jun 2026Startup FortuneNews article
Seedcamp Fund VII
Seedcamp Fund VII is Seedcamp's early-stage investment vehicle, and Seedcamp's latest fund expands its presence in the United States.
