The former Sequoia partner closes in the $ 400 million European Tech Foundation

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After the war in the paintingboard, the former Sequoia capital, who left Silicon Valley after the war, was set to start an enterprise capital fund for $ 400 million.

Matt Miller has raised money from institutional investors in recent months, said to be one of the best solo investors who said people who are familiar with their actions European Tech Start-ups.

At least $ 355 million from institutional investors.

Miller left Sequoia earlier this year, but for those familiar with the issue, the company continues to represent on certain boards. In March, the UK corporate documents show that Miller has created a new body called a large body. Sequoia participates in the Foundation, people who are familiar with the deal were added.

Earlier, Sequoia’s expansion of Europe helped the company open the London office in 2020. However, he declared that he would leave Sequoia last year later Battle in a board room in ClarnaSwedish purchase and pay later.

Miller joined the board of Klarina in early 2024 and made an action to remove the chairman of the Board of Klarna and the former Sequoia leader Michael Moritz. Sequoia Managing Partner Roelof, I supported the company’s action, but after the company, this effort and instead of this has left the task On the clarna board.

Miller’s new London-based Foundation will be aimed at supporting technologies, including artificial intelligence and technology infrastructure in the middle stages of development or the so-called series series series.

The fund will be one of the largest VC companies operated by a single enterprise capitalist in Europe, and at the same time the largest new sector.

Other recent beginnings, new European enterprise, which are reported to be financial periods, included the debut of the capital firm last year lift At least 600 mn to redeem local beginnings.

Miller, in 2012, joining Sequoia from Goldman Sachs and start ups, Graph and Britain, Grapher, including ChipMaker Graphore selling SoftBank last year.

Europe has generally seen us as a leading technological startup.

However, it was bestowed with the product of relatively new AI companies such as the market Cute, MistralSynthesia and Deepl – Multibillion-dollar group of defensive technology groups, which collected funds in the assessments.

Miller and Sequoia refused to comment.