Accel recently raised $500 million for Accel London V. The fund is focused on Series A and B investments throughout Israel and Europe. The Ace London IV, a $475 million fund, was announced almost two years ago. The economy might have looked uncertain, but it seemed that Accel had no issue whatsoever in raising new funds.
Some of the recent European investments include Funding Circle, Deliveroo, and ForgeRock. The fund is capable of investing in nearly anything, provided that the startup is based in Israel or Europe. The venture firm’s reputation in Europe is incredibly well-established; one of the things they do is to shy away from seed rounds and there are no plans to change that any time soon.
