London VC That Backed Gwyneth Paltrow Raises $150 Million
- Investor appetite strong despite Brexit, Felix Capital says
- France, U.S., biggest markets as less startups move to London
Where Felix Capital Is Looking for Opportunities
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Felix Capital Partners, a London-based venture-capital firm that’s backed Gwyneth Paltrow’s fashion brand Goop and online food service Frichti, raised $150 million to expand its portfolio focused on Europe and the U.S.
The fund was oversubscribed “well in excess” of $200 million, showing no sign of being impacted by Brexit, founder Frederic Court said in an interview. The VC focused on offers from institutional investors and plans to use the money to grab stakes in early-stage startups that tap into the growth of digital brands. Court declined to name Felix’s investors.