Balderton Capital sets out to raise sixth venture fund

fintech insurtech wealthtech regtech ai cybertech esg news
fintech insurtech wealthtech regtech ai cybertech esg news

London-based VC firm Balderton Capital is setting out to raise its sixth fund, according to an SEC filing.

No target is set for the fund with the firm previously raising $305m for its fifth fund in 2014. Prior to that the firm closed its fourth fund with $430m in 2009.

Balderton’s FinTech investments include equity crowdfunding platform Crowdcube, challenger bank Revolut and payments company GoCardless.

The firm focuses on early-stage European investments with data and analytics making up more than 30% of its FinTech investments to date, according to FinTech Global, largely as a result of its $20m Credit Benchmark deal.

The firm’s notable exits include Lovefilm, which was acquired by Amazon for £200m in 2011, calendar app Sunrise, which was sold to Microsoft and Magic Pony, which Twitter paid $150m for last year.

Copyright © 2017 FINTECH GLOBAL

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research

Investors

The following investor(s) were tagged in this article.