Amid a fairly flat European market, Giant Ventures raises $250M

Giant Ventures, a U.K.-based VC that has made a habit of investing on both sides of the Atlantic, is launching two new funds, totaling $250 million. Its previous fund totaled $100 million. This new raise consists of a new $100 million seed fund which will aim to back around 25 early-stage companies, while a $150 million climate-focused growth fund will aim at Series B companies. The firm says it’s made 10 investments so far from the two funds. Visit their website located at the giant.vc domain name.