Sequoia’s London Exit Not a Sign US Investors Are Souring on Europe
Resumen detallado
Sequoia Capital's London exit is not a sign U.S. funds are losing confidence in European startups. On the contrary, U.S. investment has been flooding into European AI ventures…
Sequoia Capital's London exit is not a sign U.S. funds are losing confidence in European startups. On the contrary, U.S. investment has been flooding into European AI ventures this year at a much faster clip than anticipated, in what could end up a near record year for deals.
Global equity markets have wobbled this week, but investment looks set to continue into what many view as a transformative technology, even if valuations correct lower.
U.S. firms such as Brighton Park Capital, Sixth Street Partners, FTV Capital and Lead Edge Capital have opened or expanded London offices in recent years. Others have opted for locations in mainland Europe. Riverside Acceleration Capital has focused its European activities in Cologne since 2022, while General Catalyst merged with Berlin-based La Famiglia in 2023.
Sequoia said it does not "see [the] need for a local presence" and believes it can…
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