Damir Ibrahimagic Kopinic’s Post

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Early-stage investor & advisor

Andrena Ventures is a New Solo GP Fund Gideon Valkin, a former Monzo Bank and ClearScore commercial leader, is launching Andrena Ventures, a solo GP fund based in London. The fund has reached its first close at €11.1 million, with backing from prominent tech founders and VC leaders, and plans a final close later in the year. The first investment from the fund is into Nustom, an AI-powered software startup founded by Monzo co-founder Jonas Templestein.💰 Valkin believes Europe is experiencing a surge in innovative talent, with founding teams from companies like Monzo and ClearScore now tackling problems in fintech, AI, climate-tech, and enterprise software. He aims to provide these teams with investors who understand their challenges and ambitions.📈 The fund's backers include Entrée Capital, RTP Global, Taavet+Sten (founders of Wise and Teleport), Cherry Ventures’ managing partners, Andreessen Horowitz's David Haber, and Hummingbird VenturesFirat Ileri. Andrena Ventures is inspired by the "PayPal Mafia" concept, where talent from successful tech companies spin-off to create new ventures. Data shows that European fintech unicorns have spun out 145 startups, raising approximately $5 billion. The fund's first investment, Nustom, is an example of this trend, leveraging Monzo’s technical expertise to automate software development using AI. Valkin has a 15-year background as a founder, operator, and investor, previously backing startups like Packfleet, Yonder, Gradient Labs AI, and Moment. His co-investors include Index Ventures, Accel, General Catalyst, Creandum, LocalGlobe, and Northzone. The fund aims to "provide close support and operational know-how to founders, combining access of institutional funds with the personalized support typical of angel investors". This approach allows Valkin to maintain low ownership stakes while delivering high value to his portfolio companies. ✅ Looking to raise capital for your #VCfund and increase the international pool of your LP #investors?   🤝 Need warm #LP introductions?   📝 Selling #secondaries to increase liquidity?   🧐 Looking for co-investments (Series A/Series B)?   ▶ G+QUANT's link for inquiries and fund decks: https://lnkd.in/gjC_EuTE   #VentureCapital #VentureFunding #VentureDebt #Fundraising #Innovation #Technology #Entrepreneurship #Investing #Network #Investors #LPs #GPs #EmergingManagers #FamilyOffice #Markets #Economy #Business #Founders #Startups #StartupFunding #ai #artificialintelligence #unicorn #secondaries #secondarydeals

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