Will Bennett (Seedcamp): $320M raise and backing founders to go global from day one

Europe's best founders are no longer building for Europe first and the US later. They're building global companies from day one.In this episode, Andreas Munk Holm speaks with Seedcamp Principal Will Bennett as Seedcamp announces a new $320 million fund, split between a $220 million Core fund and a $100 million Select fund.Will explains why Seedcamp is expanding its US presence, how its transatlantic bridge helps founders access customers, talent and capital earlier and why the firm's conviction remains centred on backing exceptional founders before the company or category is obvious.The conversation also explores how AI is intersecting with science and the physical world, what excites Seedcamp about the next generation of startups and how venture is evolving after nearly two decades of investing.Disclosure: EUVC is a small LP in Seedcamp's latest fund and has also invested in previous Seedcamp funds.Key highlightsWhy Europe's best founders are building global companies from day oneThe strategy behind Seedcamp's $320 million fund raiseHow the transatlantic bridge helps founders access customers, talent and capital earlierWhy Seedcamp backs founders before the company or category is obviousHow AI is intersecting with science and the physical worldTimestamps(00:00) Introduction and Seedcamp's $320 million fund raise(01:00) Why Seedcamp launched a dedicated Select fund(03:00) Supporting founders beyond the first cheque(05:00) Venture's next frontier(06:00) AI, science and the physical world(11:00) Valuations, competition and the current market(17:00) Why Seedcamp is building a transatlantic bridge(18:00) Helping European founders win in the US(19:00) Building global companies from day one(21:00) Why pre-seed investors should avoid rigid theses(24:00) Closing thoughtsSubscribe to EUVC, the home of European tech, for more insights.