Venture Capital firm Forgepoint has launched a new London hub – with a dedicated on-the-ground team – as part of its plan to scale-up investment across Europe, focusing on early-stage and select growth stage start-ups in cybersecurity, AI, and infrastructure software.

The move is backed by a partnership with Spanish multinational financial services company Banco Santander.

According to a release, Forgepoints’ European focus is driven by the significant growth in the region's cybersecurity sector over the last decade, which has had a threefold increase in the number of fundraising rounds.