The former partner sequoia Matt Millers grows $ 355m for new background – with the sequoia room

The former partner sequoia Matt Miller has already closed in $ 355 million for his new firm vc, Evantantthat is also attached by sequoia, techcrunnch learned.

Gave December, Miller announced their departure from sequoia After twelve years to “begin (his) the founded the founded in the large founders of Europe.”

Despite Europe, European Capicolary Fire is to be enchanded by the Schedule B and Growthe Credit and Growthe Case. It must be carried out by London, where the Miller has moved from the caliper in 2021.

Before turning the UK, Miller already expands sequoia expanse in Europe and eventually a European Office in London, where he worked next to his first Hire Local, Luciana Lixandruthat is left here.

Sequoia on Monday refused to comment in Miller O newground.

Miller’s foundation has exceeded expectations. The initial reports indicated that Miller was Raising 300 Millions for this new business. Sources near the matter hourly corroborated Newer’s financial report that the goal is $ 400 million and the sequoia is participant as a limited partner. Techcrunch has reached Sequy for confirmation.

Specifically, the new Miller’s new enterprise has enforced $ 350 million from external sources, for a regulatory regulatory of US; Evique also received $ 5 million in an internal commitment and is in the process of closing the rest $ 45 million and other members of the occasion.

Miller’s departure seems to stare mainly by a power of power failed in Portfolio Company Klarna. Not readily before they advertise their exit, mill was resumed and failed to ust ex colleague Michael Moritz from the Purchase Behemoth Council – Now-Pay. Sequoia soon after Excuse me To support the attempt and gave the miller board seat to another partner.

In the same, pantse, more wide surface in sequoia over sodergin shaun, which veiling have a divisive is to the internal founders and between the portfolies. WUNDERLIST FOUNDER MARIAN REBER, one of the first wild fundants sequoia in Europe, expressed his disagreement Back in January with Maguire over the FAR-RIGHT FAR AFD party before this year. Miller and Lixander too If you distant By the views supports by magicire, who has since then made more controversial comments. I am

Despite the Klarna’s incident, Miller seems to keep a good relationships that sequoia, delightful of relief like a lp welcome. Miller still remains a sequoia adventure partner and continues to represent the business on several tables.

During their time in sequoia, Miller Wanty companies confluents, Docker, Graphana, Graphana, Graph, East, Graph, Graphic. Also has overlapped winquoy foquoia in employee’s employee’s employee

While technically a US fund, evantize inclement of inclement of inclement business firms include index and the last of who said it was “Double in the transatlantic.” Will also be similar in size $ 348 million That Nursenk Foundation, set of Klarna’s founder, is investment in Europeans starting “I use” AI for good. “

Source link