Good news for the UK web technology startup scene as Huddle announce the closing of their $10.2 million Series B for US expansion. Eden, their original seed investor participated in the round. Great news for the company and the team, including our old colleague Charlie Blake-Thomas.
We do wonder what this says, if anything, about the European venture capital scene. Huddle had lots of interest and were probably in a better position than most to choose between alternative investors. Clearly launching into the US would mean a US VC was an advantage to them.
We would love to hear Ali’s thoughts on the differences they saw between investors on each side of the Atlantic.