Berlin-based VC Earlybird spreads wings to London

Earlybird London team

Berlin-headquartered and pan-European venture capital investor Earlybird has opened a London office to expand its presence in the UK.

The London office, located near Oxford Circus, will “serve as a springboard” to connect its investors with UK and Ireland founders and tech entrepreneurs.

Founded in 1997, Earlybird invests in early-stage technology companies – predominantly seed and Series A – across Europe.

The majority of its investments have been in German startups, including Berlin-based neobank unicorn N26.

It has also backed more than a dozen UK companies including Payable, Cerbos, Tilt, and London-founded but Boston, US-headquartered Snyk.

Earlybird is looking to catch more UK-based startups at the early stage of their growth. It has established a dedicated team of seven operating out of the new London office. Three of those are investment professionals, an Earlybird spokesperson told UKTN, while staff from its European offices will “frequent the location”.

The London investor relations team is being led by Vincenzo Narciso and includes Elle Muller and Anya Maine. The investment team is being led by Akash Bajwa.

Earlybird’s investments range between €100,000 and €10m from the pre-seed to growth stage. Its last fund close came in May this year, with the Earlybird Digital West Fund VII securing €350m and launching in France, which coincided with a Paris office launch.

Narciso, who is partner and head of investor relations for Earlybird Digital West, described the London expansion as “another important step in our evolution”.

According to Dealroom data, the majority of Earlybird investments have been in enterprise software startups, followed by health tech and fintech.

It has more than €2bn of assets under management and has exited from eight IPOs. The Earlybird spokesperson confirmed to UKTN that it will be searching for investment opportunities beyond the UK capital.