WORLDTECHConnect Ventures announces first close of $80M Fund V to back Europe's technical founders
Single source: this ordinary industry development was reported by Tech.eu. WORLDTECH has not matched it against a second independent organisation, and it has not been officially confirmed by the organisations involved.
What happened
Founded in 2012, Connect Ventures has invested in more than 120 companies across pre-seed and seed stages, including Aikido Security and TrueLayer. The fund is anchored by British Business Bank , with participation from returning limited partners including Aldea Ventures, Sella Venture Partners and Molten Ventures.
New investors include European family offices and founders of companies previously backed by Connect Ventures. Connect leads pre-seed rounds, writing cheques of $500,000 to $5 million for companies founded across Europe.
The fund continues Connect Ventures' early-stage investment strategy, with the firm's GP-only investment team comprising Pietro Bezza , Sitar Teli and Rory Stirling . Connect operates a low-volume investment model, backing a relatively small number of startups and working closely with their founders from the earliest stages.
Sources & evidence
- Tech.eu Reporting source
Connect Ventures announces first close of $80M Fund V to back Europe's technical founders ↗
https://tech.eu/2026/09/23/connect-ventures-announces-first-close-of-80m-fund-v-to-back-europes-technical-founders/