Evantic Capital, a freshly launched British VC agency, has emerged on the scene with greater than €340 million in capital, aiming to energy a brand new wave of B2B AI startups throughout Europe, america, and Israel.

Based by former Sequoia companion Matt Miller, the fund has hit the bottom operating with 5 preliminary investments and a community-led mannequin.

Backed by an unique community of 140 seasoned founders, operators, and traders collectively generally known as “The Legends,” the agency’s construction is designed to create direct alignment between startup success and stakeholder involvement by allocating as much as 50% of funding carry to these Legends who actively assist the portfolio corporations.

“Our Legends are senior leaders – skilled Founders, operators, and executives – who deliver a deeper degree of involvement to our portfolio corporations,” says Matt Miller, Founder & managing companion of Evantic Capital.

“This creates a real partnership mannequin: our Legends should not solely motivated by goodwill or networking, however by an actual alignment of pursuits. It ensures that when a Founder engages with a Legend, they’re interacting with somebody who’s deeply invested in serving to them succeed, each emotionally and economically,” he explains.

Evantic Capital’s launch marks one of many largest new AI-focused funds thus far in 2025, setting it aside from a number of different European initiatives reported this yr. C4 Ventures in Paris just lately unveiled a €100 million fund devoted to early-stage AI and DeepTech, whereas DFF Ventures in Amsterdam raised €50 million for its third car concentrating on vertical AI, recommerce and marketplaces.

In opposition to this backdrop, Evantic’s bigger pool of capital and pan-Atlantic mandate to assist B2B AI ventures positions it to play a special function: not solely filling a funding hole above early Seed and Collection A ranges but additionally bridging ecosystems throughout Europe, the US and Israel.

Evantic’s core group brings heavyweight expertise to the desk. Alongside Miller, who spent 12 years at Sequoia and was a key determine in scaling a number of breakout corporations, the management contains Spencer Hemphill (CFO), previously of Sequoia and Interlagos Capital; Franky Roberts (Head of Expertise & Group), who led government hiring at Stripe and Checkout; Imke Koberg (Companion), who beforehand labored at Silver Lake; and Didac Lee (Senior Advisor), an energetic investor and seasoned Founder.

Supporting operations are Vivien Monory as Chief of Employees and Maria Dowlingas Govt Enterprise Companion.

The identify Evantic is a nod to Miller’s personal transatlantic journey – “Europe through the Atlantic” – and indicators the agency’s core mission to behave as a cross-continental bridge connecting AI expertise and capital. The mannequin, in keeping with Miller, differs from typical scout or advisory networks by incentivising significant engagement by means of shared upside.

“We live in one of the vital thrilling instances in London, Europe and our broader world. Now could be the time for all of us to succeed in and profit from this second in time with a lot unbelievable change and to be a Legend in our personal proper,” provides Miller.

Although the agency is remaining tight-lipped concerning the particular person identities of its 140 Legends, it shared that they span a variety of experience: 55 founders and CEOs, 20 senior executives with go-to-market specialism, 10 product and engineering leaders, 20 finance and governance consultants, 30 public firm administrators, and 30 international traders. The neighborhood is geographically balanced, with half primarily based in Europe and Israel and the opposite half within the US.

Evantic has already invested in 5 AI-focused startups and has two extra commitments underway. Its present portfolio contains:

• Fireworks – an organization offering ultra-fast AI inference instruments.

• Hear Labs – an AI-powered analysis platform changing conventional surveys and interviews.

• Lovable – a platform permitting net app creation by means of pure language prompts.

• n8n – an enterprise-grade AI workflow automation platform.

• Nexos – a governance-focused AI startup serving to enterprises safeguard delicate knowledge whereas enabling AI adoption.