News

April 20, 2023

Kindred raises $130m third fund, doubles down on pre-seed

Kindred will continue to give portfolio founders a big share of the new fund's investment profits too

Amy Lewin

4 min read

London-based early-stage VC Kindred has raised a new fund of $130m. The firm is best known for backing companies like Paddle and Gravity Sketch, and giving a sizeable chunk of carry — investment profits — to its portfolio founders. 

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Amy Lewin

Amy Lewin is Sifted’s editor and host of Startup Europe — The Sifted Podcast . Follow her on X, LinkedIn and Bluesky

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