Phoenix Court’s Post

Grab your earphones... our friend, longtime Phoenix Court member, and poet Suli Breaks, has recorded a new track with Faithless! 🎤 Give it a listen here: https://lnkd.in/e-QxZdJq cc Saul Klein, Laura Pospiech, Linda Ayoola

At Phoenix Court, we are passionate about inspiring the next generation of tech talent. 💡 It was a privilege to host these Camden students for work experience, and we were in turn inspired by their energy and enthusiasm. 🔥

Saul Klein recently joined Peter High on the #Technovation podcast where he discussed how a powerful group of companies is emerging in Europe - which we call thoroughbreds - with the potential to become national, regional and global champions. But if EMEA is to fully deliver on this promise, it has to build an ecosystem that is more accessible to people from all backgrounds and shares the benefits of innovation more equitably. "We want Europe to be a different Silicon Valley – a new one, not just the next. A different ecosystem that’s based on values, and governance, not just a single stakeholder economy." Thanks Peter High for the great conversation!

UK venture capital has caught up with that of the US, at the early stage.  But we should be even more ambitious, with a powerful cohort of thoroughbred companies emerging here. 🇬🇧 As Saul Klein says: “We have the potential to be the world’s best innovation economy. We need to double-down. If we are just interested in being as good as the US, you are basically saying we don’t want to lead the world.” Thanks to David Wighton for this thoughtful piece on the economic opportunity the UK’s innovation economy now offers to build national, regional and global champions.  https://lnkd.in/eF4QAgqn

The results are in: explosive growth in 2024 means European tech is on track for one of its best years yet and the UK has come out on top according to new Dealroom.co data. European tech's relentless pursuit of innovation means that: 💰VC investment came in at £7.4bn so far this year, up 16% from 2023 📈1,450 startups have raised at least £1.5M or more across Europe already this year 💡Late stage had one of its strongest quarters, thanks to mega rounds for fintech, energy and AI companies 🐎 As our co-COO Catherine Lenson told City AM: “As late stage funding returns to Europe and in particular to New Palo Alto, the supercluster of innovation ecosystems, we’re seeing a surge of thoroughbred companies – boasting strong revenues and incredible potential.” https://lnkd.in/d9KEqYUG 

Such a privilege to host Loop at Phoenix Court, empowering the next generation of tech talent. We're excited to see their continued success in empowering their Loopers to build the future! 🚀

Great to see our co-COO, Catherine Lenson, quoted in Sifted's newsletter today. "Closing this scaleup gap isn't just about catching up with Silicon Valley; it's about harnessing a massive economic opportunity to accelerate this country’s growth and prosperity,” she said. At Phoenix Court we know the UK has many innovative businesses ready to scale. Our mission across all our funds -  LocalGlobe, Latitude, Solar and Basecamp - is to support exceptional founding teams to help them reach their full potential and drive the nation's economic growth. We’ve been working with founders, policy makers and the country’s biggest asset allocators to do this. The work continues 🚀 https://lnkd.in/eihkjFgX

🚀 Inspiring the next generation of tech innovators! "How to Launch a Tech Start-Up" is a fantastic resource for budding entrepreneurs. Huge congratulations to Michelle You, founder and now author. Grab a copy for the curious kid in your life! Link in comments to Waterstones so you can purchase your copy!

At Phoenix Court we’re committed to facilitating the UK’s incredible innovation sector. That’s why we’ve signed the Startup Manifesto, published today by Startup Coalition. There’s never been a more important time to get behind the founders and startups that have the potential to become national, regional and global tech champions. 🏆