Phoenix Court Group, an early stage European venture capital investor, has $500m to invest across its two existing funds – LocalGlobe, which is focused on the pre-seed and seed stage, and Latitude, which is focused at the breakout and early growth stage – plus two new funds – Solar and Basecamp.
The new funds were previously internally funded and will now begin to be institutionalised. Solar is Phoenix Court Group’s scale-up fund focused on supporting tech businesses on their journey from the private to the public markets, and beyond. Basecamp is a diverse community of 50+ emerging early stage funds, angels and solo GPs across Africa, Asia Pacific, Europe, India, Israel and the US.