Balderton Capital Raises $375 Million Fund to Invest in European Startups
Venture capital firm now manages $2.6 billion across its funds
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Balderton Capital, the London-based venture capital firm, has raised a $375 million fund to make early-stage investments in European startups.
The fund, the group’s sixth, will target a portfolio of between 30 to 35 companies, Bernard Liautaud, Balderton’s managing partner, said in an interview. The firm will invest between $5 million and $20 million in each of these companies, targeting an ownership stake of between 20 and 25 percent, he said.