Blossom Capital announced closing a new fund at $400 million, its fourth. For those who don’t know already, the company was founded in London in 2018 by Ophelia Brown and Imran Ghory, doing high conviction investments in series A startups.

What’s different with this new fund?

More of the same! Partnering with the most ambitious founders in Europe at Series A. 

What about the market – what’s it like today vs. the last time you raised?

AI 🙂 and even more brilliant new seed managers/solo GPs – it means seed volumes are holding strong across all geos.

What’s one theme or sector that’s been top of mind for you recently? 

True enterprise adoption of AI – we’re still so early innings, excited for new companies to be built and adopted in the years to come.

What are some interesting companies you’ve come across this week?

​Seapoint​ building the financial stack for startups, solving all the pains of finance and banking for startups in Europe. 

Also shout out to all the defense tech startups at Resilience Conference and Italian founders at ITW. Such a great buzz at both! 

If you had to bet on one market behaviour that will be bigger than people expect in the next 12 months, what would it be? 

Alternative investments.

Is T2D3 ​dead​? I.e. is it true that nobody cares about 1->3->9 anymore, rather 1->15->100? 

For a significant % of investors, yes.

What’s a surprising insight you’ve taken away from a conversation this week? 

People using GPT to manage family debate/conflict.

What’s something outside of investing that’s inspiring your thinking right now? 

Every interaction can inform or lead to an investment opportunity, the investment brain never switches off!