Sequoia launches USD 950 million early-stage fund — target Europe
Menlo Park, California — Sequoia, the US VC firm that backed Klarna and Stripe, has launched two early-stage funds and expressed its confidence in European founders: “Europe’s startup pool has never been stronger”. The two new funds are a USD 750 early-stage fund for Series A start-ups and a USD 200 seed fund.
Sequoia has a long history of making early-stage investments in high-profile technology companies, such as investing in Apple and YouTube. In a post about the funds on its website, the US VC firm said it will target founders from “all backgrounds from around the world”.
The post continues to look at emerging themes observed by Sequoia’s early stage investors. Luciana Lixandru, Partner, said: “I look forward to meeting founders who use Europe as their product and engineering center but want to conquer the world. Europe’s founder pool has never been so large.”
“A new wave of repeat investors and graduates of breakout scaleups bring hard-won judgment, top-notch product taste and the muscle memory to go from zero to global.” Sequoia’s European investments include Swedish fintech Klarna, German fintech Trade Republic and German drone startup Stark.
Sequoia partner Roelof Botha said: “I am drawn to dynamo founders — polymaths with an insatiable appetite for learning who combine interdisciplinary insights.”
About Sequoia
Sequoia Capital Operations, LLC (commonly known simply as Sequoia) is an American venture capital firm headquartered in Menlo Park, California, specializing in seed stage, early stage, and growth stage investments in private companies across technology sectors. As of January 2025, the firm had approximately