European venture capital firm redalpine closed its largest-ever fund, redalpine capital VII (RAC VII), at $200 million. Alongside this milestone, redalpine is expanding its footprint with a new office in London.
“We are at a pivotal inflection point in technological development, with transformative change happening across all industries,” Michael Sidler, founding partner of redalpine, said. “Huge forces such as AI, energy transition, health and food security and more are creating significant investment opportunities. We are seeking startups that are working on incredible solutions and are proud to be empowering the next generation of game-changing companies. With RAC VII, our largest fund to date, we can’t wait to co-create the future together with visionary entrepreneurs, while continuing our legacy of delivering outstanding returns for our investors.”
A significant number of existing investors doubled down on their commitment in RAC VII, with limited partners including renowned family offices and leading institutional investors (including public pension funds, funds of funds and national and international banks).
Operating out of offices in Zurich, Berlin, and soon London, and with a presence in Silicon Valley, RAC VII will back 15 to 20 early-stage companies from across Europe. The fund has already invested in nine companies, including Proxima Fusion (Germany), a Max Planck Institute for Plasma Physics spin-off focused on the future of clean energy production through fusion technology, LegalFly (Belgium), the AI copilot that is transforming legal workflows and Expression Edits (UK), the gene-editing company that is streamlining and accelerating the development of life-saving therapies.
“When we set out to help people all across Europe overcome their fear of complex tax and financial issues, redalpine stood out with their hands-on approach and deep belief in our vision,” Lino Teuteberg, co-founder of redalpine portfolio company Taxfix, said. “The founding partners and team served as valuable sparring partners around the topics of product development, growth, and hiring and continue to double-down on their support by investing from Seed to Series D. We’re delighted to hear that RAC VII will enable more entrepreneurs to benefit from partnering with redalpine.”
The opening of redalpine’s new London office marks another significant step in the company’s growth and commitment to Europe’s local startup ecosystems. redalpine has already backed over 10 UK-based companies, including 9fin, Uncommon and Hypervision Surgical.
“After expanding to Berlin, establishing a presence in London is the next logical step in our growth journey,” Sebastian Becker, general partner at redalpine and head of the London office, said. “London and the UK have shown very impressive advancements in the past few years, particularly in deeptech and AI, areas that align perfectly with our investment strategy at the continuum of software and science. I look forward to building our on-the-ground team and being on hand to further support our local portfolio companies.”
