Ex‑LocalGlobe stars from Phoenix Court—the London‑based seed‑stage fund—are in early talks to launch their own venture capital firm עקס. The trio, who left Phoenix Court after a successful run, are seeking to raise a new fund focused on early‑stage technology deals, mirroring the strategy that made the previous venture a household name.

Sources say the new fund will target seed‑stage SaaS, fintech and other high‑growth startups. The team intends to raise capital from leading angel networks and institutional investors in London, leveraging their deep industry contacts and track record.

The move underscores a broader zaměstnání in the UK VC ecosystem, where seasoned investors increasingly form independent funds to pursue niche opportunities. The trio is reportedly in preliminary discussions with several potential limited partners and is expected to announce a formal fundraising round in the coming months.

Industry observers view the launch as a sign that the UK’s early‑stage market remains vibrant, with experienced players eager to capitalize on fresh funding opportunities and emerging technologies.