London-headquartered Felix Capital, a backer of Deliveroo, online retailer Farfetch and Gwyneth Paltrow’s lifestyle website Goop, has raised $300 million (£231 million) to invest in start-ups.
The Soho-based venture capital firm, founded in 2015 by Frederic Court, a former Lazard investment banker, did not reveal new backer names. But it said funding has come from institutional investors on behalf of pension funds, entrepreneurs and family offices.
It marks Felix Capital’s third funding round and the proceeds are expected to be spent in the UK, other parts of Europe and in the US.
Court praised the variety of creative and tech firms in London and said he is looking to help grow new brands in the capital.
Antoine Nussenbaum, partner at Felix Capital, said: “This new fundraising enlarges and strengthens our investor base."
He added: "We will continue to offer differentiated capital, with an ability to back founders driven by passion, authenticity and ambition of having a large and positive impact on the world.”
