London gets a new early-stage VC firm in the shape of Hoxton Ventures

London-based early-stage venture capital firm Hoxton Ventures officially revealed itself on Wednesday, despite having already made some quiet investments into startups Campanja and (according to TechCrunch) Tizaro. The firm will make 4 to 6 investments a year from its $40 million fund, which will apparently soon close at $50 million. Europe may be experiencing a much-needed boom in early-stage investment — Hoxton Ventures’ rivals include the likes of London’s Balderton Capital, Wellington Partners and MMC Ventures, and Berlin’s Earlybird and Point Nine Capital.