20VC is a venture capital fund operating at the intersection of venture capital and media. Founded by Harry Stebbings, who also hosts the "20VC" podcast, which features interviews with prominent venture capitalists. The firm invests in early-stage startups, primarily in the information technology sector, targeting large markets with low competition.
In October 2024, 20VC closed its third fund with $400 million to support European and US technology companies, from seed to Series A rounds. Specifically, the fund will allocate $125 million to seed investments and $275 million to Series A rounds. 20VC's previous fund, raised in 2021, was $140 million. 20VC Fund II, a 2021 vintage fund, has made 35 investments, most recently in Qogita on December 14, 2023. Backers of the second fund included the Massachusetts Institute of Technology, Thrive Capital, and 40 founders of companies like Atlassian, Spotify, and Canva.
