Balderton Capital held a final close of Balderton Capital VII at $400 million on November 12. The target size was not disclosed. The fund will target European technology startups with Series A capital.
Balderton’s previous venture fund, Balderton Capital VI, closed in November 2017 at $375 million and followed the same strategy. Last year, the firm also closed a secondaries fund, Balderton Liquidity I, aimed at buying out equity stakes from early shareholders of European technology startups.