Sequoia Capital is closing its London office and shifting its European operations to its Bay Area headquarters.
The Silicon Valley firm said in a post on X that it no longer sees a need for a local European presence, adding that it will continue supporting promising founders across the region remotely.
The move is part of a broader restructuring that includes shutting down its Arc accelerator and Scouts programs, streamlining its operating and investing teams, and eliminating its separate Early and Growth divisions. Sequoia said the changes are intended to reduce organizational complexity and provide founders with more seamless access to its investment team.
The firm is also simplifying its partnership structure after nearly 20 years of expansion across multiple businesses and geographies. Sequoia said it has raised approximately $10 billion in new funds and strengthened its leadership team as it positions itself to invest in emerging opportunities across artificial intelligence, space, biology and reindustrialization.
"Our mission is to help the daring build legendary companies, from idea to IPO and beyond. Our objective function is not scale, but quality: delivering the best possible returns to LPs, and being the best possible partner to founders," the post concluded.
The decision comes amid broader questions about the appeal of London as a destination for U.S. venture capital firms.
In early 2025, Andreessen Horowitz, which spent years being courted by the U.K. government to establish a presence in London, closed its crypto office just 18 months after launching it in 2023, according to government documents obtained by Sifted, TechCrunch reported. The firm’s departure followed slow progress on crypto regulation in the U.K. and a more favorable environment under the Trump administration, sources told the publication.
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