Euro VCs welcome Balderton’s fresh $1.3B but grumble about Europe’s AI misses

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Balderton Capital — one of the older, larger, European VCs noted for investing in Revolt and Wayve — has raised a fresh $1.3 billion in total, spread across two funds. Its Early Stage Fund IX will get $615 million, and its Growth Fund II will get $685 million. The news was greeted with cautious optimism by the VCs TechCrunch spoke with. 



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Euro VCs welcome Balderton’s fresh $1.3B but grumble about Europe’s AI misses


Balderton Capital — one of the older, larger, European VCs noted for investing in Revolt and Wayve — has raised a fresh $1.3 billion in total, spread across two funds. Its Early Stage Fund IX will get $615 million, and its Growth Fund II will get $685 million. The news was greeted with cautious optimism by the VCs TechCrunch spoke with. 



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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