“Crossing the Atlantic: Frontline Ventures Secures $200M to Support B2B Companies in Europe and US”
Giant Ventures in January closed two new funds totaling $250 million that it will invest in startups on both sides of the Atlantic, and today, TechCrunch has learned exclusively that Frontline Ventures has also raised $200 million across two funds, named Frontline Growth and Frontline Seed.
Frontline has historically invested in both Europe and North America, and its new funds will continue to follow that strategy, betting on B2B software companies.
The new seed fund will favor European ventures, while the growth fund will focus on U.S. startups.
Expansion roadmapO’Donnell told TechCrunch that when it helps portfolio companies navigate expansion to another market, Frontline focuses on four aspects: timing, go-to-market strategy, talent, and organizational design and location.
That’s by order of importance, and a company’s location should be a derivative of the previous three aspects, O’Donnell said.