Hummingbird Raises $800M to Back 'Misfit' Founders

European VC firm Hummingbird closed $800M in new funds, pushing total assets to roughly $2B.

Hummingbird Raises $800M to Back 'Misfit' Founders

Hummingbird, the European venture capital firm with a taste for unconventional bets, just pulled in $800 million in fresh capital. That brings the firm's total assets under management to approximately $2 billion.

The firm's investment thesis? Finding "misfit" founders — the kind of operators that other VCs might overlook. It's a strategy that's clearly paying off.

Hummingbird's portfolio already includes some heavy hitters. The firm got in early on Kraken, the major cryptocurrency exchange, and Lovable, an AI-powered vibe coding startup that's been turning heads in the developer tools space.

With $800 million in dry powder now ready to deploy, Hummingbird is positioning itself as one of Europe's most aggressive early-stage investors. The raise signals continued appetite for European VC despite broader market uncertainty.