Balderton Capital announces $1.3B fund for European tech

Balderton Capital today announced the closing of its $1.3bn early stage and growth funds in a sign of the European tech sector regaining investor confidence and momentum.   We are often disconcerted at the lack of support for European entrepreneurship and innovation in comparison to that across the pond. However, there are investors who champion the region’s changemakers, such as Balderton, which invests exclusively in European startups and scaleups.  The new funds — the $615M Early Stage Fund IX and the $685M Growth Fund II — will back “Europe’s most ambitious entrepreneurs from seed stage through IPO,” the VC said in…

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