Phoenix Court
London, UK · Invests in UK; Europe · Website
Check size
🔒 $•• – $••Thesis
Phoenix Court partners with exceptional founders from pre-seed through public markets and beyond. The firm operates as a multi-stage, multi-fund group — LocalGlobe (seed), Latitude (growth), Solar (late-stage), and Basecamp (emerging managers) — built on the conviction that the best companies grow big not just in private markets but across their full lifecycle. Founded on purpose: 10% of profits and 2% of carry go to Phoenix Court Works, which is transitioning to the single largest shareholder in the firm.
Likely not a fit for
No disclosed anti-thesis; broadly sector-agnostic. Implicitly avoids pre-product teams and non-scalable businesses targeting sub-$750M exit markets.
How they invest
- Lead or follow
- Usually leads
- Typical decision
- ~1 month
- Warm intro
- Preferred
- Involvement
- Takes a board seat
- Fund status
- Actively deploying
- Assets under mgmt
- $500M
- Decision process
- Partnership vote
Partners & team
11 contacts on file
LinkedIn profile
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Recent activity
- May 2026
Nyobolt
Series C · Participated
- Apr 2026
Trent AI
Seed · Lead
Phoenix Court in the news
Dealroom
Saul Klein on structuring Phoenix Court, LoveFilm, Skype and the power law in venture
35 minutes ago
Dealroom
Ex-LocalGlobe trio plots new VC firm
26 days ago
Sifted
Ex-LocalGlobe trio plots new VC firm
27 days ago
Sifted
Common Ventures launches scheme to get working-class grads into startups
2 months ago
Tech.eu
Creator Fund closes $56M to back Europe's scientific founders
3 months ago
PitchBook
Phoenix Court’s Saul Klein on why his VC firm is sharing the wealth
3 months ago
Yahoo Finance
Phoenix Court's Saul Klein on why his VC firm is sharing the wealth
3 months ago
Dealroom
Phoenix Court shakes up leadership as it pivots to shared ownership model
3 months ago
IT Brief UK
Bologna Gathering 2026 draws investors to tech push
3 months ago
The Times
Change is afoot in venture capital, opening career opportunities
5 months ago
UKTN
Former Atomico partner chosen to lead major VC training scheme
6 months ago
ABC15 Arizona
New safety changes in place after court officer hit, killed by truck in Phoenix parking garage
6 months ago
Jewish News
UK tech scene could outdo Silicon Valley, says senior venture leader
7 months ago
Farrer & Co
Philanthropy and AI: why the future of giving starts with people
7 months ago
SmartCompany
Six ANZ startups that raised $211.1 million this week
11 months ago
Sifted
Creator Fund doubles down on PhD founders with $41m first close of new fund
11 months ago
Data Centre Magazine
How is Nvidia Backing UK AI Startups with £2bn Investment?
11 months ago
Business Chief
Inside Nvidia CEO Jensen Huang's UK Startup Investment Plan
11 months ago
NVIDIA Newsroom
NVIDIA Announces £2 Billion Investment in the United Kingdom AI Startup Ecosystem
11 months ago
NVIDIA Investor Relations
NVIDIA Announces £2 Billion Investment in the United Kingdom AI Startup Ecosystem
11 months ago
Financial IT
Fintechs Dominate Dealroom’s New 'Thoroughbred' List, as Phoenix Court Revealed as Leading VC
Aug 2025
Proskauer Rose LLP
Proskauer Wins Law Firm of the Year in Fund Structuring at Unquote British Private Equity Awards
Oct 2023
Tech Funding News
LocalGlobe becomes the Phoenix Court Group, with $500M to create a values-based New Palo Alto
Jun 2022
Forbes
Seed Investor LocalGlobe Morphs Into Lifestage VC, Phoenix Court Group And Eyes Europe’s “New Palo Alto”
Jun 2022
Via TT
Phoenix Court Group Introduces $500m in New Funds to Support Founders From Seed to the Public Markets and Beyond
Jun 2022
UKTN
Phoenix Court Group rises from LocalGlobe rebrand with £407m fund
Jun 2022
Tech.eu
LocalGlobe rebrands as Phoenix Court Group, launches new $500 million fund
Jun 2022
Sifted
LocalGlobe launches new scaleup fund to go to IPO and beyond
Jun 2022
TechCrunch
LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist
Jun 2022
Crunchbase News
European Investor LocalGlobe Changes Name To Phoenix Court Group, Closes $500M Fund
Jun 2022
Business Insider
Saul Klein's VC Firm LocalGlobe Rebrands and Raises $500 Million
Jun 2022
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