London’s Evantic Capital Launches With €341M To Fund B2B AI Innovators

Founded by former Sequoia partner Matt Miller, the fund has already made five initial investments and operates on a community-led model. Backed by a network of 140 experienced founders, operators, and investors known as “The Legends,” Evantic aligns startup success with stakeholder involvement by allocating up to 50% of investment carry to Legends who actively support portfolio companies.

“Our Legends are senior leaders – experienced Founders, operators, and executives – who bring a deeper level of involvement to our portfolio companies,” says Matt Miller, Founder & managing partner of Evantic Capital.

“This creates a true partnership model: our Legends are not only motivated by goodwill or networking, but by a real alignment of interests. It ensures that when a Founder engages with a Legend, they’re interacting with someone who is deeply invested in helping them succeed, both emotionally and economically,” he explains.

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Evantic Capital’s launch represents one of 2025’s largest new AI-focused funds, standing out among European peers. Paris-based C4 Ventures recently unveiled a €100M early-stage AI and DeepTech fund, while Amsterdam’s DFF Ventures raised €50M for its third vehicle targeting vertical AI, recommerce, and marketplaces.

With a larger capital pool and a pan-Atlantic mandate, Evantic is positioned to fill funding gaps above early Seed and Series A levels while bridging ecosystems across Europe, the US, and Israel.

The firm’s leadership brings deep industry experience. Alongside founder Matt Miller, a former Sequoia partner with 12 years of experience scaling breakout companies, the team includes Spencer Hemphill (CFO, ex-Sequoia and Interlagos Capital), Franky Roberts (Head of Talent & Community, formerly Stripe and Checkout), Imke Koberg (Partner, ex-Silver Lake), and Didac Lee (Senior Advisor, active investor and founder). Supporting operations are Vivien Monory (Chief of Staff) and Maria Dowling (Executive Business Partner).

The name “Evantic” reflects Miller’s transatlantic journey—“Europe via the Atlantic”—symbolizing the firm’s mission to connect AI talent and capital across continents. Unlike typical scout or advisory networks, the model incentivizes meaningful engagement through shared upside, aligning stakeholders with portfolio success.

“We are living in one of the most exciting times in London, Europe and our broader world. Now is the time for all of us to reach and make the most of this moment in time with so much incredible change and to be a Legend in our own right,” adds Miller.

While Evantic Capital has not disclosed the identities of its 140 “Legends,” the firm shared that the group spans diverse expertise: 55 founders and CEOs, 20 senior go-to-market executives, 10 product and engineering leaders, 20 finance and governance specialists, 30 public company directors, and 30 global investors. The community is geographically balanced, with half based in Europe and Israel, and the other half in the US.

About Evantic Capital

Founded in 2025 by ex-Sequoia partner Matt Miller, Evantic Capital is a venture firm supporting founders in scaling globally. The firm leverages an active community of 140 “Legends” from the US, Europe, and Israel experienced founders and operators to provide guidance, networks, and resources, aligning startup growth with top-tier expertise.