Summary
Creator Fund, a UK-based pre-seed venture capital firm, has announced the successful close of its first European fund, securing £42 million ($56 million) in commitments from a diverse group of 71 limited partners across 21 countries. This new fund is dedicated to investing in scientific founders across Europe, with a strong focus on deep tech innovation originating from university labs.
Summary of transaction details:
- Value: £42 million ($56 million)
- Sector: Venture Capital / DeepTech Investment
- Advisor: Not disclosed
- Key Entities: Creator Fund (Recipient), KfW Capital, Export and Investment Fund of Denmark, Equation Capital, Basecamp, JIMCO, Allocator One (Key Investors)
- Location: Europe (Investment focus)
Note: This fund close strategically positions Creator Fund to address the overlooked segment of scientific researchers in European university labs, providing crucial pre-seed capital and support to transform groundbreaking scientific discoveries into world-changing companies, particularly in the deep tech sector.
Lead Investor / Acquirer
KfW Capital
Lead Investor / Acquirer
Export
Lead Investor / Acquirer
Investment Fund of Denmark
Advising Broker
Undisclosed Firm
Related Deals in Venture Capital
Series A prioritisedOriginal Source
View the original press release or news article describing this transaction in full.
Read Original PostAI Insight Lenses
ProAI-generated analysis from four professional perspectives. Powered by PE Deals.
Sign in to unlock AI Lenses
Sign in