Evantic Capital, a freshly launched British VC agency, has emerged on the scene with greater than €340 million in capital, aiming to energy a brand new wave of B2B AI startups throughout Europe, the US, and Israel.
Based by former Sequoia companion Matt Miller, the fund has hit the bottom working with 5 preliminary investments and a community-led mannequin.
Backed by an unique community of 140 seasoned founders, operators, and traders collectively referred to as “The Legends,” the agency’s construction is designed to create direct alignment between startup success and stakeholder involvement by allocating as much as 50% of funding carry to these Legends who actively help the portfolio firms.
“Our Legends are senior leaders – skilled Founders, operators, and executives – who convey a deeper stage of involvement to our portfolio firms,” says Matt Miller, Founder & managing companion of Evantic Capital.
“This creates a real partnership mannequin: our Legends will not be solely motivated by goodwill or networking, however by an actual alignment of pursuits. It ensures that when a Founder engages with a Legend, they’re interacting with somebody who’s deeply invested in serving to them succeed, each emotionally and economically,” he explains.
Evantic Capital’s launch marks one of many largest new AI-focused funds to date in 2025, setting it aside from a number of different European initiatives reported this yr. C4 Ventures in Paris not too long ago unveiled a €100 million fund devoted to early-stage AI and DeepTech, whereas DFF Ventures in Amsterdam raised €50 million for its third car concentrating on vertical AI, recommerce and marketplaces.
In opposition to this backdrop, Evantic’s bigger pool of capital and pan-Atlantic mandate to help B2B AI ventures positions it to play a distinct position: not solely filling a funding hole above early Seed and Sequence A ranges but in addition bridging ecosystems throughout Europe, the US and Israel.
Evantic’s core group brings heavyweight expertise to the desk. Alongside Miller, who spent 12 years at Sequoia and was a key determine in scaling a number of breakout firms, the management consists of Spencer Hemphill (CFO), previously of Sequoia and Interlagos Capital; Franky Roberts (Head of Expertise & Group), who led govt hiring at Stripe and Checkout; Imke Koberg (Companion), who beforehand labored at Silver Lake; and Didac Lee (Senior Advisor), an lively investor and seasoned Founder.
Supporting operations are Vivien Monory as Chief of Workers and Maria Dowlingas Government Enterprise Companion.
The identify Evantic is a nod to Miller’s personal transatlantic journey – “Europe through the Atlantic” – and indicators the agency’s core mission to behave as a cross-continental bridge connecting AI expertise and capital. The mannequin, in accordance with Miller, differs from typical scout or advisory networks by incentivising significant engagement via shared upside.
“We live in one of the thrilling occasions in London, Europe and our broader world. Now’s the time for all of us to achieve and benefit from this second in time with a lot unimaginable change and to be a Legend in our personal proper,” provides Miller.
Although the agency is remaining tight-lipped in regards to the particular person identities of its 140 Legends, it shared that they span a variety of experience: 55 founders and CEOs, 20 senior executives with go-to-market specialism, 10 product and engineering leaders, 20 finance and governance specialists, 30 public firm administrators, and 30 world traders. The neighborhood is geographically balanced, with half primarily based in Europe and Israel and the opposite half within the US.
Evantic has already invested in 5 AI-focused startups and has two extra commitments underway. Its present portfolio consists of:
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Fireworks – an organization offering ultra-fast AI inference instruments.
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Hear Labs – an AI-powered analysis platform changing conventional surveys and interviews.
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Lovable – a platform permitting net app creation via pure language prompts.
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n8n – an enterprise-grade AI workflow automation platform.
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Nexos – a governance-focused AI startup serving to enterprises safeguard delicate information whereas enabling AI adoption.
