Seed Investor LocalGlobe Morphs Into Lifestage VC, Phoenix Court Group And Eyes Europe’s “New Palo Alto”

“After twenty years this ecosystem has arrived at the starting line,” says Saul Klein, co-founder of Phoenix Court Group. “Now things are about to get interesting.”

I’m talking to Klein to discuss today’s news that venture capital Investor, Phoenix Court Group has secured a further $500 million to support what he describes as “values-based innovation” in the U.K. and beyond. It quickly becomes clear, however, that it’s not simply the sum of money raised that excites him. As a veteran investor, he sees exciting times ahead for a tech ecosystem that he considers – even today – somewhat underserved by global and local investors. Equally important,

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