News

Our 2024 Year in Review

10.12.2024

36 new additions to the Seedcamp Nation and our unwavering commitment to partnering with Europe’s most exceptional founders from Day One

 

We’ve been in the business of partnering with Europe’s most exceptional tech founders from Day One for almost two decades. A first believer in the people who have gone on to build some of the continent’s breakout companies over the last decade including Wise, UIPath, Revolut, Pleo, Synthesia, and many others, we are leveraging our unparalleled network to drive an unfair advantage for companies in the Seedcamp Nation.

Partnering with the most audacious founders to take the best of European software innovation to a global stage, we strive relentlessly to keep our story and identity current – a real reflection of what we do today:  We are by the side of Europe’s most exceptional founders from Day One of their company building journeys offering them and their teams an unparalleled network, unfiltered advice, and unwavering support.

We believe that Seedcamp is the best place for exceptional European founders to start out and we are committed to continuing for decades to come. 

In 2024, we welcomed 75 new founders to the Seedcamp Nation, representing 36 new portfolio companies. 45 portfolio companies, including 9fin, Yonder, Ezra, and Autone, have raised significant funding rounds at the Series A stage and beyond. One of our first unicorns – fintech Revolut surged to record profits. 

The strength of our Seedcamp Nation shone bright in 2024. Our co-founder and Managing Partner Reshma Sohoni represents us on Forbes’ The Midas Seed List (#11) and for the third time consecutively on The Midas List: Top Tech Investors (#89 ). We were also recognised as Firm of The Year at the European VC Awards. More than 5,000 jobs have been created across the Seedcamp Nation.

 

 

Spotlight on our Seedcamp Nation gatherings 

From our annual Founders Summit and Skeedcamp to Nation Drinks in London, Paris, and New York, we love bringing founders together for fun and high-quality networking events with fellow entrepreneurs, potential investors, and high-caliber experts and operators who can support them along their company-building journeys.

 

 

Zoom in: 36 new Seedcamp Nation companies

We invest across the full software stack, but this year, we have focused on a few areas in particular:

Security, Devtools & Computing

Prelude 🇫🇷: SMS & OTP verification infrastructure built for developers

Arcjet 🇬🇧: Protecting developers’ app is production

Streambased 🇬🇧: SQL analytics built for Apache Kafka

Recurse ML 🇬🇧: Code maintenance in a single command

Linkup 🇫🇷: Making the internet readable by agents

.txt 🇫🇷: Structured text generation for language models

Knostic 🇺🇸: Control and harness institutional knowledge through the power of LLMs

Vaire Computing 🇬🇧 🇺🇸: Near zero energy chips for reversible computing

 

AI Applications

Stackfix 🇬🇧: Comparing enterprise software in seconds

Singulate 🇺🇸: Generative personalisation for email marketing

Vera 🇺🇸: AI back-office service for startups and SMBs

Arcane 🇬🇧: Simplifies and unifies the content creation process

Argil 🇫🇷: The video engine for the creator economy

Nurture 🇺🇸🇪🇸: The future of early childhood learning

 

Fintech 

Freqens 🇫🇷: Cost benchmarking solution for indirect expenses (opex)

Light 🇩🇰: AI-powered general ledger for automating global company finances

Spektr 🇩🇰: Client onboarding and continuous compliance

Mimo 🇸🇪: Global payments, cash flow, and financial management for SMBs and finance professionals

 

Climate, Sustainability & Tech Bio

kelvin 🇫🇷: AI generated studies for the energy-efficient renovation of residential buildings

Pelikan Mobility 🇫🇷: EV-native and operations-centric leasing solution

ENAPI 🇩🇪: Building the clearing house for the EV industry

Volter 🇬🇧: The operating system for commercial and industrial (C&I) rooftop solar

Sable Bio 🇬🇧: Comprehensive Target Safety Intelligence for drug discovery

Powernaut 🇧🇪: Open power plant that seamlessly connects to renewable energy resources

 

Industry 4.0

Digital Iron 🇬🇧 : Automates order processing for the heavy machinery industry

MOTORMIA 🇺🇸: AI-powered automotive platform 

Visibly 🇬🇧: Certification platform for regulated training in the infrastructure sector

 

Portfolio Highlights

 

9fin, a leading provider of debt market intelligence secured $50M in Series B

Griffin Bank, an API-driven banking-as-a-service (BaaS) platform, raised $24 million in an extended Series A round

Credit card fintech Yonder raised £23.4M at a £100m+ valuation, to fuel its EU expansion

Live-shopping startup Tilt raised an $18M Series A. Read more

Autone, an inventory management startup, raised $17M in Series A funding

AI accounting platform LiveFlow raised a $13.5M Series A round

Verax AI, a developer of enterprise-grade software solutions that provide visibility and control of AI in production, raised $7.6M in seed funding

Fifth Dimension AI raised $7M in Seed funding to grow its real estate AI, called Ellie

Ezra, a health startup on a mission to detect cancer early for everyone by offering a full body MRI scan, raised a new $21M funding round

Dust raised $16M in additional funding led by Sequoia to further develop its enterprise AI assistants connected to internal data

 

Wisdom from Across the Nation

Co-founder feuds, arguments, and disputes > getting to an outcome, by our Managing Partner Carlos Espinal 

AI Governance and Compliance: Navigating the Future with Ryan Donnelly of Enzai featuring Ryan Donnelly, Co-founder and CEO of Enzai [Startups in Focus]

Reboot’s Jerry Colonna on What Makes the Best CEOs and How to Foster More Empathetic and Effective Leadership, featuring Jerry Colonna, Co-founder and CEO of Reboot

[SC Firsts] How data relates to building a great product at your startup. Candice Ren’s lessons from Bumble and 173Tech, featuring Candice Ren [Seedcamp First] 

Our Managing Partner, Carlos Espinal, launched a new edition of the Fundraising Field Guide, the essential companion to any first-time founder navigating what we know can be an opaque and daunting world. Get a copy here.

 

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