Stepping into the ever-competitive venture capital arena isn’t for the faint-hearted—but that hasn’t stopped Matt Miller, a former partner at Sequoia, from making a confident debut.
His newly launched firm, Evantic Capital, is already making waves, securing an impressive $355 million for its inaugural fund.
Strong Start with Sights Set on $400 Million
Evantic Capital has already locked in the majority of its target, with the final goal set at $400 million.
That kind of figure is no small feat, especially for a first-time fund.
It signals serious interest from investors and sets the tone for the kind of ambitious moves the firm intends to make in the near future.
Focused on B2B, Series B, and Growth-Stage Startups
Miller isn’t just throwing money around randomly.
Evantic Capital has a clear investment strategy: backing B2B companies that are entering the Series B or later growth stages.
These are the startups that have already proven their concept and are now scaling aggressively—and Evantic wants to be part of that journey.
Targeting Europe and North America
While the firm is headquartered in London, its reach won’t be limited to just the UK.
Evantic Capital plans to deploy its capital across Europe and North America, tapping into two of the world’s most dynamic startup ecosystems.
This cross-continental approach gives them access to a diverse pipeline of innovative tech companies.
What Comes Next for Evantic Capital?
With most of the fund already secured and a solid strategy in place, all eyes will now be on Evantic’s first major investments.
Which companies will they bet on?
How will they differentiate themselves in a crowded VC landscape?
And will Matt Miller’s Sequoia pedigree give them an edge?
One thing’s clear—Evantic Capital is off to a strong start, and the next few months could set the tone for how the firm positions itself in the global venture scene.