LocalGlobe
London pre-seed and seed venture capital firm; co-led BioOrbit's £9.8m seed round.
Last refreshed: 1 May 2026 · Appears in 1 active topic
Which UK founders has LocalGlobe backed from seed to global scale?
Timeline for LocalGlobe
Co-led BioOrbit £9.8m seed round
UK Startups and Innovation: BioOrbit raises £9.8m for orbital pharmaWhat companies has LocalGlobe invested in?
Who founded LocalGlobe?
What is the difference between LocalGlobe and Latitude?
Background
LocalGlobe is one of the UK's most prominent seed-stage venture capital funds. Founded in 1999 as a family office by Robin and Saul Klein, it formalised into the LocalGlobe brand in 2014 with a focus on backing ambitious founders at the earliest stages, typically pre-product or pre-revenue. The fund has backed companies across Europe and beyond, with a portfolio that includes Transferwise (now Wise), Citymapper, Robinhood and Tractable. It operates out of London and is known for writing small but consequential first cheques into founders who go on to raise at scale.
LocalGlobe's investment thesis centres on founders with a mission that matters and markets that can grow globally from a British or European base. Alongside its seed vehicle it runs Latitude, a growth fund that backs portfolio companies into their Series A and beyond, allowing it to maintain meaningful ownership across the company lifecycle without moving to a full multi-stage model. AUM across both vehicles is estimated at over £500m.
In the UK startup ecosystem, LocalGlobe is a reference fund for seed-stage pricing and deal quality. Its co-lead on BioOrbit's £9.8m in-space drug manufacturing seed in April 2026 alongside Breega, the European investor, signals continued appetite for deep-tech and space-pharma bets enabled by GOV.UK regulatory pathways.
