Caixa Capital has recently subscribed to Seedcamp’s third fund, with a first close of € 18 million.
Seedcamp is one of the main European accelerators and seed investors, which helped kickstart the European startup scene seven years ago. This new fund will allow Seedcamp to scale its seed investing across Europe and build its US presence.
Portugal is a relevant market for this investor, who has already invested in 7 Portuguese companies, such as Codacy or Hole19 (both Caixa Capital indirect portfolio companies).
Besides the investment in a player with strong track record, this operation aims to strengthen Seedcamp’s activity in Portugal, allowing Portuguese startups to access the European venture capital ecosystem.