Stride.VC, a new seed fund founded by Fred Destin and Harry Stebbings, sees first £40M closing

Stride.VC, a new seed fund founded by Fred Destin and Harry Stebbings, sees first £40M closing

6 years ago
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https://techcrunch.com/2018/06/04/stride-vc/

We already knew that veteran venture capitalist Fred Destin had teamed up with podcaster-turned-VC Harry Stebbings to raise a fund of their own, but now more details have emerged, including that the new VC firm has reportedly achieved its first closing.

According to my sources, Stride.VC — as the VC is to be called — has already closed £40 million, with a final target of £50 million or more. I’m told that LPs include a number of notable U.K. founders, although I’ve yet to peg who, along with the usual mix of institutional VC investors and family offices.