UiPath

Seedcamp raises $320M fund to expand U.S. footprint

Seedcamp has raised $320 million for its largest fund to date and will expand its presence in the United States. The total is split between a $220 million vehicle (Seedcamp VII) for early-stage investments and a new $100 million growth fund called Select for follow-on investments. Seedcamp plans to scale its U.S. team from existing New York City and Miami offices to better connect European portfolio companies with U.S. customers and investors. The firm intends to write roughly $1 million initial checks into about 100–120 startups from Seedcamp VII and $3–5 million follow-on checks from Select in Series B and later rounds. Reshma Sohoni, Seedcamp co-founder and managing partner, said the firm will remain sector-agnostic but avoid capital-intensive models. LPs named include British Business Bank, HarborVest, Schroders and Sofina, alongside participation from around 80 portfolio founders.

Stitch Fix appoints Sree Sreedhararaj as product & tech chief

Stitch Fix appointed Sree Sreedhararaj as its chief product and technology officer on June 18, 2026. He will oversee the company’s technology, product, data science, security and IT teams and will report to CEO Matt Baer. Sreedhararaj joins Stitch Fix from Ipsy, where he served as CTO, and has prior retail-technology experience including roles at Walmart Labs and Sephora. He succeeds Tony Bacos, who has announced plans to retire effective Aug. 1. The hire comes as Stitch Fix pursues a multi-year transformation strategy focused on long-term growth, personalization and AI initiatives following a recent quarter that showed quarter-on-quarter growth in active clients.

TQA Names Matt Morse CEO; Founder Moves to Board

TQA, an agentic AI and automation services firm, appointed Matt Morse as Chief Executive Officer and announced founder Tom Abbott will transition to Board Member and Advisor. The company said it closed rapid growth since its 2020 founding—bookings up 51% year‑on‑year and revenue up 12% quarter‑on‑quarter—and has secured a new equity financing round expected to close in the coming weeks. Morse brings 25 years of experience, including serving as COO at 3Cloud (scaled to ~1,200 employees prior to Cognizant acquisition) and a national leadership role in Perficient’s Microsoft Business Unit. TQA plans to deepen partnerships and practices across UiPath, ServiceNow, and Microsoft and focus on scaling delivery, go‑to‑market initiatives, tooling, and talent across its international offices.