Seedstars has officially launched Seedstars Capital, an investment platform for emerging venture capital (VC) fund managers with the support of xMultiplied, a Swiss-based investment holding company.
The platform partners with emerging and diverse managers with local expertise and unique strategies and provides the necessary resources to launch new funds and develop their investment firms. At the same time, it becomes the catalyst for investments in these early-stage firms by providing investors with a diversified allocation solution to the asset class within emerging markets.
With the platform, Seedstars expects to drive over $500 million of new funding into emerging and diverse managers, who will create more than 10,000 new jobs and generate over $20 billion of additional GDP across emerging markets in the next 10 years.
Benjamin Langer, Partner of Seedstars Capital stated,
We believe the venture capital industry needs to be more open and inclusive and we find highly talented managers across emerging markets. Unfortunately, most lack the scale and resources to attract institutional limited partners and depend on local funding to deploy their strategies and create the impact they long for. For limited partners, the growing number of new managers makes it difficult to identify the best-performing and most impactful strategies. By pooling their assets and bringing them under our community, we can accelerate the growth of rising managers while offering limited partners the...
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