LocalGlobe is a London-based early-stage venture capital firm founded in 2015 by Robin Klein and Saul Klein, a father-and-son partnership with deep roots in the European technology ecosystem. The firm focuses on seed-stage investment, backing founders at the earliest point of company formation, typically before product-market fit is established. Robin Klein had previously been a prolific angel investor across the UK tech scene, while Saul Klein brought experience from Index Ventures, where he had been a partner. Together, they set out to build an institutional seed fund with the conviction and speed of an angel investor.
LocalGlobe has backed a number of companies that went on to become significant businesses within the European and global technology landscape, including Robinhood, Transferwise (now Wise), and Improbable, among others. The firm operates with a deliberately focused portfolio approach, concentrating capital and attention rather than spreading thinly across large numbers of bets.
The firm subsequently expanded its platform beyond pure seed activity, launching Latitude, a growth-stage vehicle, to support portfolio companies at later rounds. This structure allows the partnership to maintain relationships with founders across a longer arc of company development, which is increasingly common among European seed managers seeking to capture more of the value they help create early on.
For operators and founders watching the venture landscape, LocalGlobe is a useful indicator of where conviction is forming at the earliest stage of European technology. Its longevity as a seed-focused firm, at a time when many seed investors have migrated upmarket, reflects a deliberate thesis that the seed moment in Europe remains underserved and that proximity to founders at formation creates durable advantages.