New Wave (VC)

New Wave (VC) is a London-based venture capital firm with a clear focus on supporting the next generation of successful European founders. The firm specializes in pre-seed and seed-stage investments, positioning itself as a crucial first institutional check for promising startups. Their investment thesis revolves around identifying ambitious entrepreneurs who are building category-defining businesses, with a particular interest in technology sectors such as SaaS, FinTech, marketplaces, and consumer applications across the European continent.

New Wave launched its inaugural fund in 2021, a significant £20 million vehicle, which translates to approximately $25 million USD, underscoring their commitment to fostering innovation within the European startup ecosystem. The firm typically deploys initial checks ranging from £250,000 to £750,000, which corresponds to roughly $312,500 to $937,500. For exceptional opportunities, they have the capacity to extend their initial investment up to £1 million, or approximately $1.25 million USD.

With a strategy to make 15-20 investments per fund, New Wave demonstrates a focused and hands-on approach with its portfolio companies. Beyond providing capital, the firm emphasizes offering strategic support and leveraging its extensive network to help founders scale their ventures effectively, both within Europe and on a global stage, solidifying their reputation as a key early-stage investor in the region.