Seedcamp has raised $320 million to fund two new funds and expand its presence in the United States, marking a strategic push into early-stage European and cross-Atlantic investments.

Seedcamp VII will lead pre-seed and seed rounds, while Seedcamp Select II will back winners from Series B onward, aiming to reduce equity dilution for portfolio companies.

Founders are described as ambitious and seeking sharp, candid guidance, with Seedcamp’s day-one investment approach and US expansion designed to connect them with the right partners from the start.

Seedcamp’s thesis centers on AI intersecting with the physical world over the next decade, fueling startups in robotics, lab automation, bio platforms, and hardware alongside software.

Leading partners emphasize a shift toward global scale, the end of permission-based market dominance, and the value of an opinionated, early-stage network.

Recent portfolio additions under the new thesis include BioOrbit (space semiconductor fabrication), Sunrise Robotics (autonomous systems), and Dust (AI workflow platform).

Founders should focus on high-quality signals over hype and target opportunities at the AI-physical machinery frontier to attract bold, substantial funding.

The article includes notable figures and context around the raise, though some parts are garbled and not easily interpretable.

The pivot to physical AI is real, but software remains important; larger funds require more successful outcomes to deliver returns, making the thesis contingent on finding enough early European hardware and AI-enabled winners.

Recent investments signaling Fund VII’s direction include BioOrbit, Sunrise Robotics, and Dust, highlighting AI and applications across science and the physical world.

Seedcamp plans to invest at the intersection of software, AI, robotics, advanced computing, and scientific innovation, with a focus on deep-tech and AI-enabled physical-world applications.

The current team comprises seven partners, actively supporting portfolio companies, with recent investments underscoring emphasis on AI and hardware-enabled ventures.