Hoxton Ventures, a venture capital firm based in London, announced the close of Hoxton III, a $215 million fund.

The story of Hoxton began eight years ago, when there was a doubt that Europe could produce winning tech companies. Europe drew $116 billion in venture capital last year, a tenfold increase from 10 years ago.

Hoxton has invested in some of Europe’s most successful technology companies, including Deliveroo, Darktrace and Babylon Health. Hoxton typically invests between $500,000 and $5 million into pre-seed and seed stage companies, and follows its capital through the life of the company.

Charles Seely has joined the firm as an equal partner. Other partners are Hussein Kanji and Rob Kniaz.

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