Latitude

Latitude is a London-based venture capital firm, strategically positioned as the sister fund to the prominent seed investor LocalGlobe. This relationship allows Latitude to support promising companies as they mature beyond the seed stage, specifically from Series B onwards, forming a crucial part of the broader Phoenix Court Group, which encompasses various investment vehicles across different stages.

Latitude's mandate is to provide significant growth capital to European technology companies. The firm typically invests initial cheques ranging from approximately $3.8 million to $19.05 million, targeting businesses that have achieved strong product-market fit and are ready for substantial scaling. This focus on later-stage funding complements LocalGlobe's early-stage investments, creating a comprehensive funding ecosystem designed to support companies throughout their lifecycle.

The firm has successfully raised substantial capital, with its second fund closing at £150 million, contributing to its total assets under management reaching £300 million. This capital enables Latitude to make meaningful investments in companies poised for significant expansion, often participating in larger funding rounds alongside other prominent growth investors. Their portfolio includes notable companies such as healthtech firm Huma, fintech platform Tide, and climate tech innovator Sylvera, demonstrating a diverse interest across high-growth sectors. Latitude leverages the deep network and operational expertise of the Phoenix Court Group to support its portfolio companies through their growth journeys.