Harry Stebbings, the UK podcaster-turned-VC, has launched his third fund, 20VC, with $400 million aimed at boosting the European startup ecosystem.
Stebbings expressed his determination to change perceptions around European startups, highlighting the impressive talent and companies in the region while calling for more recognition.
The swift fundraising of this new fund, achieved in just four weeks, underscores the persistent appetite for investment even amidst a challenging climate for founders.
More than half the investors in this fund are U.S. backers, illustrating the continued interest from American sources in the European market for startups.
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