LocalGlobe
About LocalGlobe
LocalGlobe is a London venture firm within the Phoenix Court Group. Wikipedia's entry on Robin Klein says he and his son Saul founded it in April 2015, but directory listings give other years, including 1999, 2002 and 2019, so the founding date varies by source. Crunchbase names Robin Klein and Saul Klein as its founders. Tracxn and StartupIntros list partners including Will Neale, Pierre-Yves Meerschman, Ziv Reichert, Tom Lambert and Michael Mashkautsan. In June 2022 the group said it expected $500M at its first close across four vehicles: LocalGlobe for seed to Series A, Latitude for later growth rounds, and two newer funds, Solar and Basecamp. Earlier LocalGlobe funds were LocalGlobe 7 at £45m (2015) and LocalGlobe 8 at £70m (2017).
The clearest public AI deal is Trent AI, a London agentic security startup that came out of stealth in April 2026 with a €11 million ($13 million) seed round led by LocalGlobe and Cambridge Innovation Capital. Its platform secures AI agents across their lifecycle. Venturemap describes LocalGlobe as a generalist pre-seed and seed investor that backs European founders in AI, among other sectors. Public sources do not name a partner who leads the firm's AI work.
LocalGlobe invests at pre-seed and seed. F4's firm profile lists a check size of $100K to $1.5M and stages of pre-seed and seed; this is a third-party listing, not a figure the firm has published. The group's later-stage fund, Latitude, was described in 2022 as investing at Series B and later.
- Trent AI: London agentic AI security platform; €11M ($13M) seed led with Cambridge Innovation Capital, April 2026
- ZML: Seed round of $20M, July 2026 (Lounge deals desk); business details not confirmed in sources reviewed
- Marker: Seed round of $13M, July 2026 (Lounge deals desk); business details not confirmed in sources reviewed
- microagi: Seed round of $55M, July 2026 (Lounge deals desk); business details not confirmed in sources reviewed
- Phase0: Seed round of $3M (EUR 2.6M), September 2026 (Lounge deals desk); business details not confirmed in sources reviewed
- crunchbase.com/organization/localglobe
- en.wikipedia.org/wiki/Robin_Klein_(venture_capitalist))
- startupintros.com/orgs/localglobe
- techcrunch.com/2022/06/20/localglobe-becomes-phoenix-court-group-hits-
- tracxn.com/d/venture-capital/localglobe/**OXPAwlweVGWdFupRbEkF
- eu-startups.com/2026/04/with-74-of-businesses-planning-agentic-ai-depl
- thenextweb.com/news/trent-ai-13m-agentic-security-multi-agent
- venturemap.es/firm/3105
Investing activity
LocalGlobe appears in 5 AI deals tracked by the AI Lounge deals desk, rounds totalling $101M, and led 1 of them. The rounds are mostly Seed, with a median round size of $13M and the largest at $55M. The most recent are Phase0 (Seed, $3M (EUR 2.6M), Sep 2026), microagi (Seed, $55M, Jul 2026) and Marker (Seed, $13M, Jul 2026).
LocalGlobe most often invests alongside Albert Achammer, Ershad Jamil, Realyze Ventures and Atlantic, and the companies it backs on AI Lounge are mostly in AI.
Deals
Frequently asked questions about LocalGlobe
Who founded LocalGlobe?
Wikipedia says Robin Klein and his son Saul founded LocalGlobe in April 2015, and Crunchbase lists both as founders. Some directories give earlier founding years, so sources disagree on the date.
What funds does LocalGlobe manage?
In June 2022 the Phoenix Court Group announced a $500M first close across LocalGlobe, Latitude, Solar and Basecamp. Earlier LocalGlobe funds include LocalGlobe 7 at £45m and LocalGlobe 8 at £70m.
How much does LocalGlobe invest in a startup?
F4 lists check sizes of $100K to $1.5M at pre-seed and seed. The firm has not published its own check size in the sources reviewed, so treat this as an estimate.
Does LocalGlobe invest in AI startups?
Yes. It led a €11 million seed round in Trent AI, a London agentic AI security company, in April 2026, alongside Cambridge Innovation Capital.
What AI companies has LocalGlobe invested in?
LocalGlobe's AI investments include Phase0, microagi, Marker, ZML and Trent AI. The 5 rounds on AI Lounge are listed on this page with amounts, dates and co-investors.
Where is LocalGlobe based?
LocalGlobe is based in London, England, United Kingdom.
What stage does LocalGlobe invest at?
In the rounds tracked on AI Lounge, LocalGlobe has invested at Seed, with a median round of $13M. LocalGlobe led 1 of those rounds.
Who does LocalGlobe co-invest with?
LocalGlobe's most frequent co-investors on AI Lounge are Albert Achammer (1 deal), Ershad Jamil (1 deal), Realyze Ventures (1 deal), Atlantic (1 deal) and Hummingbird Ventures (1 deal).
How can founders reach LocalGlobe?
Founders on AI Lounge can see LocalGlobe's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add LocalGlobe to their Investor Pipeline to track the conversation.