Accel deepens Europe presence with $800M raise

Harry Nelis, a London-based partner at Accel, which has backed European startups including Vinted and Celonis Stephen McCarthy/Getty Images Silicon Valley VC Accel has raised $800 million to back early-stage founders across Europe and Israel, as US investors take a growing role in closing the region’s capital gap. The capital is part of the Palo Alto-based firm’s $3.5 billion fundraising, with $800 million allocated to US investments and $550 million to India. Accel last raised capital for EuropRead More