RTP Global Announces $1 Billion Fund for Early-Stage Startups
RTP Global, an early-stage venture capital firm known for backing successful fintech companies such as Yonder and Cred, has recently announced a new $1 billion fund. This fund is the largest in the firm’s history and highlights the strength of the early-stage funding environment for startups, even in the face of challenging macroeconomic conditions.
The primary focus of the fund will be on seed and Series A rounds, with investments planned across North America, Europe, India, and Southeast Asia. RTP Global follows a generalist approach, investing in a wide range of sectors including AI/ML, enterprise software, fintech, e-commerce, and edtech.
With offices in key locations such as London, Paris, Amsterdam, New York City, Dubai, and Bangalore, RTP Global has been actively expanding its global presence. Investment partner Alex Pavlov emphasized the benefits of this expansion, stating, “We can now work more closely with our founders and gain deeper insights into local markets. Additionally, our extensive network allows us to provide valuable support as our founders venture into new markets.”
Pavlov further added, “Our mission is to partner with ambitious founders early on and support them throughout their journey to become leaders in their respective categories. With the new capital from RTP IV, we can offer founders enhanced opportunities and access to additional resources, enabling them to achieve their goals more effectively.”