MMC Ventures Launches £52M Seed Fund

MMC Ventures, a UK-based venture capital firm, has launched the £52m MMC Greater London Fund as part of the Mayor of London’s new initiative – the Greater London Investment Fund.

 

The MMC Greater London Fund (GLF) will enable investment into innovative, high-potential digital companies in London to accelerate their growth with valuable connections, resources and experience. It will invest at Seed and Series A.

 

The new fund will primarily back companies already based in London and also seek investments in businesses either relocating to London or opening or expanding an office in London, providing local support to the business and any co-investors.

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