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Evening Standard
Evening Standard
Business
Simon English

Tech guru raises $500m to invest in Camden, the ‘New Palo Alto’

Saul Klein, the tech entrepreneur and investor behind companies such as Cazoo, Wise and Nanopore, has raised $500m to invest in tech companies at all stages from their first days through to publicly-quoted stocks.

Klein says that now is a great time to be investing in tech stocks, despite the plunging valuations of companies already listed on public markets in London and New York. He said: “Great companies still need capital and the pricing is significantly more rational than it was for the last 18 months.”

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