LocalGlobe

LocalGlobe is a distinguished London-based venture capital firm renowned for its focus on pre-seed and seed-stage investments across the United Kingdom and Europe. Established with a deep understanding of the early-stage ecosystem, the firm has consistently positioned itself as a crucial first institutional investor for ambitious founders. While their primary focus is on technology-driven startups, they also emphasize "impact investments," seeking companies that not only offer strong financial returns but also contribute positively to society or the environment. This dual focus underscores their commitment to building a sustainable and innovative future.

The firm's investment strategy is characterized by a hands-on approach, providing significant operational support and strategic guidance to its portfolio companies from their earliest stages. LocalGlobe typically writes initial checks ranging from approximately $300,000 to $2.5 million, aiming to be a lead or significant participant in seed rounds. They are known for their long-term commitment, often participating in follow-on rounds through their associated Latitude Ventures funds, which handle later-stage growth investments. This integrated approach allows them to support companies throughout their lifecycle, from inception to exit.

LocalGlobe boasts an impressive track record, having backed numerous highly successful European technology companies that have achieved significant scale and exits. Notable portfolio companies include fintech giant Wise (formerly TransferWise), online car retailer Cazoo, property portal Zoopla, and urban mobility app Citymapper. The firm closed its fifth seed fund, LocalGlobe V, in 2022, securing £150 million (approximately $187.5 million) to continue its investment activities. With hundreds of investments to date, LocalGlobe remains a pivotal player in the European venture capital landscape, consistently identifying and nurturing the next generation of industry leaders.