Balderton Capital


Balderton Capital is a venture capital firm based in London, UK, that invests in early and growth stage, technology and internet startup companies in Europe. It is considered to be among the four-biggest venture capital firms in the English capital.

History

Founded in 2000 as Benchmark Capital Europe, Balderton Capital became fully independent in 2007. The company made over 100 early-stage investments between 2000 and 2020, including Revolut, Dream Games, The Hut Group, MySQL, Yoox, Depop, Talend, Recorded Future, NaturalMotion, Quantum Systems, GoCardless, CityMapper, Wayve, and Sophia Genetics.

Partners

The partners of the firm are: Bernard Liautaud, Tim Bunting, Suranga Chandratillake, Rob Moffat, Daniel Waterhouse, James Wise, and Rana Yared.

Funding

In November 2019, Balderton announced Balderton VII, a new $400m fund to invest in European companies at Series A. The new fund will reportedly make approximately 12 investments annually. In 2018, Balderton announced the first fund dedicated to buying equity from existing shareholders of European technology startups. In 2021, Balderton announced the first fund dedicated to growth, with $680M under management and a further $600M for early stage investing, bringing its total assets to over $5B. In 2024 they raised a further $1.3B across their Early and Growth funds, the largest raise for a European venture firm at the time.

Investments

Notable investments have included:
  • 3D Hubs
  • Aircall
  • Appear Here
  • Bebo
  • Betfair
  • Big Fish Games
  • Carwow
  • Circle
  • Citymapper
  • Funnel
  • Globoforce
  • Kobalt Music Group
  • Lovefilm
  • MySQL
  • NaturalMotion
  • Prodigy Finance
  • Rebtel
  • Revolut
  • McMakler
  • Setanta Sports
  • Sophia Genetics
  • Sunrise Calendar
  • Talend
  • The Hut Group
  • Tictail
  • Vivino
  • Wooga
  • Yoox
  • Lassie

    Exits

Since 2008, Balderton has had many prominent exits, including Betfair, Bebo, Depop, Scansafe, Lovefilm, Yoox, MySQL, Big Fish Games, Recorded Future, Talend, Sophia Genetics, Darktrace, Frontier Car Group, and Magic Pony Technologies.