Notion Capital Partners LLP raised $150 million for its fourth venture fund, Reuters reported.
The fund targets European startups offering software as a service.
Backers of the fund include British Patient Capital, Texas A&M University Endowment and S Cubed Capital, as well as founders of firms including MoneySupermarket and Moonpig.
Notion Capital invests in companies that typically have $1 million in annual revenues and are seeking post-seed funding, the report said.
