Europe

Europe’s VC industry had a breakout Q1, on pace for another record-shattering year. Meanwhile, US firms Icon, Sapphire and Sequoia are expanding their operations.

Morrissey's new firm raised $4.5bn for its debut growth fund, which has invested in oat milk producer Oatly and music-to-internet company Epidemic Sound.

Late-stage investment in the UK soared in 2020, due largely to financing from US firms. British investors are catching up. Will this strategy become a mainstay for VC?