UK venture firm Northzone eyes web3 startups with new €1 billion fund

Quick Take

  • Generalist venture capital firm Northzone announced the launch of a €1 billion fund.
  • It has previously backed tech startups such as Klarna and Spotify, as well as web3 outfits like Magic Labs, Gro Protocol, and Sunscreen. 
  • Northzone partner Wendy Xiao Shadeck described web3 as a “core sector” for