July 10, 2009
Based in London, England, the newly founded vc firm, PROfounders Capital announced today that it had just closed its first venture capital fund. PROfounders Capital is a vc firm that was founded by seasoned entrepreneurs who are there for entrepreneurs. Along with the first venture fund that the vc firm closed, entrepreneur Sean Seaton-Rogers will be appointed as general partner of the firm.
The fund was provided by investors, who are entrepreneurs that include Michael Birch, founder of Bebo and BirthdayAlarm; Brent Hoberman, founder of Lastminute.com and Mydeco; Peter Dubens, founder of Okley Capital and Freedom4 Group; and Jonathan Goodwin, founder of AchrePartners.
According to one of the general partners of the fund, Rogan Angelini-Hurll, PROfounders is a vc firm that provides a one of a kind mix of entrepreneurial knowledge as well as the venture capital needed for entrepreneurs to build successful companies.
PROfounders Capital will plan to be a vc firm that will be dedicated to early stage companies in Europe, which are in the digital media and tech industries and the types of investments that PROfounders will make will be the types of investments in between angel investments and traditional venture funding.
Sean Seaton-Rogers is a top of the line entrepreneur and will be a great asset to the vc firm. In his partnership, Mr. Seaton-Rogers will be working together with Rogan Angelini-Hurll on the vc firmâ€™s investment team. Mr. Seaton-Rogers has extensive experience in venture capital and entrepreneurship throughout the United States and Europe; coming from Balderton Capital, which was formerly known as Benchmark Capital of Europe. During his tenure at Balderton, Mr. Seaton-Rogers worked together with companies such as Bebo, Wonga.com, MoveMe, and others.
For more information about PROfounders, click here.