LocalGlobe

LocalGlobe is an early-stage venture capital fund and is where most relationships with the wider Phoenix Court group of funds begin. Phoenix Court was founded in 2005 by Robin and Saul Klein, and LocalGlobe has since backed companies across artificial intelligence and machine learning, food and agriculture, and financial technology, among them Mistral AI, CuspAI, Olix and Spore.Bio. The fund has grown alongside two later-stage sister funds, Latitude and Solar, which invest in some of the same companies at later stages, so founders can keep working with people who already know their business through to growth and public markets. The group states it has backed more companies that go on to reach substantial revenue at seed stage than any other investor in Europe.