{
  "id": 630824,
  "title": "Ex-LocalGlobe trio plots new VC firm",
  "url": "https://urgent.news/2026/08/12/ex-localglobe-trio-plots-new-vc-firm",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-12T04:46:52.000Z",
  "source": {
    "name": "Sifted",
    "slug": "sifted",
    "url": "https://sifted.eu/articles/ex-localglobe-new-vc-firm/"
  },
  "original_language": "en",
  "account": "Three former LocalGlobe investors are reportedly discussing the formation of a new venture capital firm, according to sources cited by Sifted. Maya Dharampal-Hornby, a reporter for Sifted based in London, and Freya Pratty, the publication's associate editor, are among those involved in the discussions, according to the report. The trio left London-based VC firm Phoenix Court, which is colloquially known as LocalGlobe, after working there.",
  "summary": null,
  "key_points": [
    "Maya Dharampal-Hornby, Freya Pratty discuss new VC firm",
    "Former LocalGlobe investors involved in talks",
    "Phoenix Court alumni consider forming venture capital firm"
  ],
  "editors_take": "The planned new venture capital firm would be the latest endeavour for a group of investors who previously worked together at London-based VC firm Phoenix Court, also known as LocalGlobe.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}