Accel raises $800m for ninth early-stage Europe fund

Accel, the US-based venture capital firm, has successfully raised $800 million for its ninth early-stage Europe and Israel venture capital fund, bringing the total amount raised for this venture to $800 million. This addition to the firm's portfolio is accompanied by another $2.7 billion allocated for three other funds. Anne Sraders, a senior reporter for Sifted based in Berlin, covers the venture capital industry and deeptech startups.

She also pens Sifted's weekly VC newsletter, Up Round. Sifted offers a weekly snapshot of European venture capital, highlighting the latest funding trends, new venture capital funds, personnel changes, and industry gossip. They also maintain a leadership list of early- and growth-stage VCs focused on the Nordics, based on the number of companies they have backed on Sifted's 2026 Nordics leaderboard.

The list features the 10 most capital-efficient startups in the Nordics, showcasing the companies that generate the most revenue with the least capital. Additionally, Sifted recently announced a new €100 million deeptech fund for Europe and the US, managed by an ex-NGP Capital investor.