Notion Capital Raises $130M Growth Fund to Address Europe’s Capital Gap
London-based venture capital firm Notion Capital has secured a $130 million growth fund, Growth Opps III, aimed at bridging the funding gap for growth-stage companies across Europe. This new fund, almost twice the size of its predecessor, signals Notion Capital’s ambition to support promising ventures both within and outside its existing portfolio. This move comes as many U.S. venture capital firms are increasingly focusing on domestic investments, leaving a significant opportunity for European firms to step up.
Targeting Strategic Sectors and European Growth
The Growth Opps III fund will strategically invest in companies operating within key sectors such as Artificial Intelligence (AI), defence, and supply chain technologies. Notion Capital is also expanding its team, making its first external partner hire and structuring the fund in euros to further solidify its presence across the European landscape. Stephen Chandler, managing partner at Notion Capital, emphasized the potential for European firms to rise to prominence, noting the significant opportunity to cultivate “real European champions.”
This initiative underscores a broader trend of European venture firms actively seeking to fill the follow-on funding void and foster the growth of homegrown technology companies. With the shift in focus from some U.S. investors, this presents a valuable opportunity for firms like Notion Capital to provide critical support and accelerate the development of innovative European businesses.
Keywords
Related Keywords: Notion Capital, Growth Fund, European Startups, Venture Capital, Series B Funding, European Funding Gap, Investment, Tech Investment, 130M Fund, European Venture Capital
