Firstminute Capital, a new pan-European seed fund cofounded by Lastminute.com’s Brent Hoberman, announced it has closed an oversubscribed first fund at $60 million.
The firm claims to have around two dozen founders of billion-dollar tech businesses on board, and it has nabbed a notable “cornerstone investor” in the form of Atomico, a fellow London-based VC fund founded by Skype co-creator Niklas Zennström.
Atomico actually signed up Hoberman last January as part of a new entrepreneur partners program.“For two decades, he [Hoberman] has done more than most to find, support, and encourage Europe’s best founders,” noted Zennström. “That’s why we were so pleased he became one of our entrepreneur partners last year and it’s why, when Brent told us about Firstminute, we wanted to be his first investor.”
Along with Hoberman, Firstminute Capital was cofounded by
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