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London-based Forward Partners closes new £60M fund to invest in startups at idea and Seed stage

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Forward Partners, the London-based VC firm originally founded by Forward Internet Group and Nic Brisbourne, has closed a new £60 million fund to continue..
Forward Partners , the London-based VC firm originally founded by Forward Internet Group and Nic Brisbourne , has closed a new £60 million fund to continue investing in tech startups from idea to late Seed stage.
Noteworthy, the new fund has a single unnamed LP. Described only as a “major institutional investor,” I understand that unlike Forward Partners’ first fund, it isn’t Forward Internet Group itself. The new LP doesn’t sit on the VC’s investment committee, either.
In a call, Brisbourne stressed that, despite only having a single LP, Forward Partners second fund will be a fully independent entity managed by himself along with Investment Partner Martyn Holman, and Product Partner Dharmesh Raithatha.

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