Blossom Capital bags $85 million in new single funding
Mobile App

Blossom Capital Raises $85 Million, Aims to Invest In Europe’s Early Tech Startups

London headquartered firm is aiming to invest in early-stage startups at the Series A stage across Europe.

Blossom Capital Raises $85 Million, Aims to Invest In Europe’s Early Tech Startups

The venture capital firm, Blossom Capital new funding reached $85 million. Blossom is one of Europe’s most diverse VC firms and their expertise partners have helped to build reputed names in tech world like Facebook, Deliveroo and Klarna.

VC Firm is headquartered in London and was founded by Ophelia Brown, an ex-Index Ventures and LocalGlobe VC. The company is aiming to invest in early-stage startups at the Series A stage across Europe. The ex-Index Imran Ghory, former CTO of Deliveroo Mike Hudack, and Klarna’s technical sales team former head, Louise Samet are the rest of partners of the company.

It was earlier reported by TechCrunch 12 months ago that, LP’s is in the new fund and are said to have stretched to leading institutional investors and high-profile tech businessman which includes Robinhood’s Vladimir Tenev and Zendesk founder Mikkel Svane.

Ophelia Brown said,

They are focused on investment typically ranging from $5 million to $10 million. Previously Blossom was quite active in funding rounds and have backed Duffel, Fat Llama, Frontify and Sqreen. They have co-invested with Y Combinator, Greylock and Index, a tier one Silicon Valley and European funds.

Blossom Capital Raises $85 Million

Imran Ghory said,

Their idea is distinguishing themselves from other Series A investors in Europe. Their main focus is to put fewer but potentially bigger bets, offering the slender number of companies Blossom’s investment and providing abundant runway to reach to a meaningful Series B funding. Interestingly, it also indicates that the Blossom team won’t escalate too thin the support offered to its portfolio.

Tanya <span>Editor In Chief</span>
Written By

She is a content marketer and has more than five years of experience in IoT, blockchain, Web, and mobile development. In all these years, she closely followed the app development, and now she writes about the existing and the upcoming mobile app technologies. Her essence is more like a ballet dancer.

Top Companies

Dot Com Infoway
New York, USA
M&C Saatchi Mobile
New York City, USA
New Delhi, India
London, UK
View full report

Latest Articles

Join our global community 135K Followers
Mobile App

Logistic Player Lalamove Seals $300 M For Expansion In Asia

2 min read  

Lalamove, an on-demand last-mile logistics app has bagged $300 million funding in a Series D round. Apart from the first time investors likeShanghai-based Eastern Bell Venture Capital and PV Capital, Sequoia China and Hillhouse Capital were the major investors. The Series D round was joined by the e

Mobile App

Sachin Bansal's Invest $92 M In Ola To Help It Counter Uber

2 min read  

Ola bagged another stack of funds by adding Sachin Basal as their major investor. Flipkart co-founder Sachin Bansal has invested $92 million in ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, the company said in a statement.According to the report by Techcircle last month, Ola rec

Mobile App

GoCardless Goes Big With $75 M In Series E Funding

2 min read  

GoCardless, the payment gateway company announced a fresh injection of $75 million in Series E funding, which was co-led by Alphabet's venture arm GV and private equity firm Adams Street Partners. Existing investors Accel, Balderton Capital, Notion Capital, and Passion Capital also contributed.

Mobile App

AI-Driven Chat-Based Hyperlocal Services App Dunzo Raises $3.1M In Series C Funding

2 min read  

Artificial Intelligence-driven on-demand task manager app Dunzo has raised $3.1 million in a Series C funding round. The investment round was led by Milestone Trusteeship Services, N Lakshmi Narayanan (former Cognizant CEI), Monika Garware Modi, and the Raintree Family.The startup which was foun