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22/11/2017
Idinvest invests in Seedcamp's fourth fund, which holds first close at £41m
Startup accelerator Seedcamp has held a first close for its fourth fund on £41m with Idinvest Partners, Investec, Index Ventures and the British Business Bank among its LP base. The London-based venture capital firm intends to back around 100 startups across Europe with its latest investment vehicle. Seedcamp has invested in 250 companies to date via its three previous funds. Its first vehicle, the Seedcamp I fund, closed on €2.5m in June 2007, followed by the €3m Seedcamp II fund in November 2010 and Seedcamp 2.0, its third fund, on €26.74m in July 2014.




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