London-based Flashpoint Capital closes US$116m Venture Growth Fund IV

On November 5, 2026, the London-based investment firm Flashpoint Capital reached the final closing of its "Venture Growth Fund IV," securing $116 million. The fund is backed by a mix of existing and new international institutional investors, as well as family offices.

The fund invests in vertical B2B AI applications developed by European and Israeli teams that are targeting expansion into the U.S. market. According to the manager, 10 companies have been funded so far, including SiPhox, Qase, Mermaid, and Inspekt AI. A total of 15 to 20 investments are planned. The first exit, the company Kaiko, took place earlier in 2026.

The announcement is titled "$141.5 Million Raised Through New Fund Closings." This total comprises the $116 million for "Venture Growth Fund IV" and a $25.5 million co-investment sidecar vehicle associated with "Growth Debt Fund II." In the "Close Index," only the $116 million figure is listed for Fund IV.

Founded in 2012, Flashpoint changed its name from "Flashpoint VC" to "Flashpoint Capital" in March 2026. To date, the firm has recorded 30 exits, including the sale of Shazam to Apple. Its institutional investors include Azimut and Széchenyi Funds; additionally, more than 220 family offices and high-net-worth individuals have invested in the firm’s various funds.

In the Close Index database, where 100 out of 440 published funds carry the AI sector tag (November 6, 2026). The figures mentioned above are taken from the manager’s press release dated November 5, 2026.