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VC

20VC’s $400M Fund Aims to Boost European Tech Scene

Nicole Kristine Jovero
Last updated: October 20, 2024 9:57 pm
Nicole Kristine Jovero
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  • 20VC raises $400M fund for European startups
  • Harry Stebbings leverages media platform for VC success
  • Fund aims to boost Europe’s tech ecosystem against U.S. dominance

Contents
From podcast to powerhouseEurope’s got talentCreator turned kingmaker

From podcast to powerhouse

Harry Stebbings, the U.K. podcaster turned venture capitalist, has closed a $400 million fund for his firm 20VC. This third investment vehicle, named after his podcast series, will focus on backing European startups at seed and Series A stages.

Europe’s got talent

Stebbings is on a mission to “make Europe great again,” leveraging his media savvy and connections to spotlight the region’s tech talent. The fund raised quickly, with most backers coming from the U.S., including institutional investors and successful tech founders.

Creator turned kingmaker

20VC’s success stems from Stebbings’ unique position as a content creator in the VC world. His podcast’s popularity opens doors, attracting high-profile guests and founders eager for investment.

Stebbings emphasizes his operational experience and the firm’s “sub-funds” in sales, product, and growth as key differentiators in the competitive VC landscape.

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