Entrepreneur First (EF), a UK-based global talent investor, announced on Wednesday that it has secured $158M (approximately €150M) in a Series C round of funding.
The fresh funds will enable Entrepreneur First to invest in new startups and financial instruments aimed at up-ending the typical venture capital model. The company also said the aggregate value of companies created through its platform exceeds $10B (approx €9.5B).
Stripe’s Collison brothers, Sten Tamkivi, Elad Gil, Lachy Groom, co-founder of Wise Taavet Hinrikus, co-founder of LinkedIn Reid Hoffman, co-founder of WordPress Matt Mullenweg, co-founder of Monzo and GoCardless Tom Blomfield, former CEO of Github Nat Friedman, former COO of Twitch and Pandora Sara Clemens, co-founder of Nested and GoCardless Matt Robinson, Positive Sum’s Patrick O’Shaughnessy, and co-founders of Deepmind Demis Hassabis and Mustafa Suleyman, participated in the round.
Entrepreneur First: What you need to know
Matt Clifford and Alice Bentinck founded the London headquartered Entrepreneur First in 2011 to bring ambitious founders together to build global technology companies. It is a highly selective, 3-month long programme run in 6 cities across the globe.