London, UK based Andrena Ventures recently first closed its Solo GP fund to back Europe’s fintech mafias 💸 €11.1 million fund backed by European founders and VC leaders, including former employer, Entrée Capital; RTP Global; Taavet+Sten; Cherry Ventures Managing Partners, Filip Felician Dames, Christian Meermann, Sophia Bendz; David Haber, Fintech GP at Andreessen Horowitz; Firat Ileri, Managing Partner at Hummingbird Ventures, among others. Final close is planned for later in the year. 💡 European fintech's at #PreSeed and #SeedStage 🌍 #Europe 📈 The first investment from the fund is Nustom, a AI-powered software-building start-up from Monzo co-founding CTO, Jonas Templestein. 💭 “Europe’s time has arrived. A new power network of founding teams has emerged out of Europe’s first generation of industry-defining companies. These teams are using their lessons and experiences to solve tomorrow’s most pressing and important problems across #fintech #climatetech #artificialintelligence and #enterprisesoftware.” - Gideon Valkin, Founder Andrena Ventures 🗞️by Stefano De Marzo EU-Startups https://lnkd.in/exdxfwcj. 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow🚀 Gideon Valkin I Parvin Mammadov I Team Andrena Ventures … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #uk #entrepreneurship #technology #innovation #london #venture #ai
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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 Ventures’ Firat 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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#Fintech #VCNews: 🎉Gideon Valkin, former Monzo Bank and ClearScore leader, investor, and entrepreneur, has just launched Andrena Ventures! 🌟 📈 It is a $12 million solo GP fund, supported by tech’s top founders and #VC leaders. 💼💰 👍 The fund has already reached its first close, with plans for a final close later this year. 📆 💡 This fresh fund aims to back Europe’s most promising #fintech founders, empowering the next wave of tech giants at pre-seed and seed stages. 🌐 Also, Gideon has also announced the fund’s inaugural #investment in Nustom, an #AI-powered software-building startup. 🚀 More details on Andrena Ventures and its mission: https://lnkd.in/g-DsJvdY #venturecapital #vcfunding #news #technews #uktech #investment #fundingnews #technology #investment Sayula Kirby Taavet Hinrikus Sten Tamkivi Filip Felician Dames Christian Meermann Sophia Bendz David Haber Firat Ileri
Monzo-backer Gideon Valkin launches Andrena Ventures with $12M debut fund — TFN
https://techfundingnews.com
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London, UK based VC firm 13books Capital ("13books") recently closed its new fintech fund 💸 £121M (c. €144M) with backing from British Patient Capital, Kreditanstalt für Wiederaufbau (KfW), Isomer Capital, and IPGL. 💡 Investing at the late #Seedstage and #SeriesA stage into next-gen fintech disruptors with ambitions to scale globally. Ticket sizes range from £1M to £7M (c. €1.19M to €8.33M). 🌍 #Europe 📈 To date, 13books Capital has backed 19 fintech companies including Roadzen, hepster, CoinCover, Runa, Billhop, Thirdfort, among others. 💭 “It is clear that European fintech entrepreneurs desire a sector-focused, founder-focused venture platform that has meaningfully impactful networks across the industry.” - Michael McFadgen, Partner at 13books Capital 🗞️Silicon Canals - European Technology News https://lnkd.in/db4aSujb. 👏 For the #AudaciousInvestors unleashing innovation and empowering tomorrow 🚀 Michael I Spencer I Steve I Aleksandra I Meera I Maximilian I Warda I Nitya I Joanna I Sonia I Elaine I Matthew I Team 13books … #venturecapital #vc #funds #startups #entrepreneurs #funding #tech #uk #entrepreneurship #technology #innovation #london #fintech #venture
UK's 13books Capital closes €144M fintech fund - Silicon Canals
https://siliconcanals.com
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US fintech Carta expands to Australia to support the local startup and private market ecosystem #australianfintech #fintech #fintechnews #finance #financialtechnology #usfintech #privatemarkets #startups #startupnews #australianstartups
US fintech Carta expands to Australia to support the local startup and private market ecosystem - Australian FinTech
https://australianfintech.com.au
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Seasoned investor Anthony Danon has launched Rerail, a fund targeting fintech and fintech-adjacent startups globally Anthony Danon, a seasoned #investor with a decade of experience in the #VC industry, has launched Rerail, a new early-stage fund targeting #fintech and fintech-adjacent startups globally. After co-founding Cocoa 🍫 with Carmen Alfonso Rico and making 35 investments together, Danon has decided to focus exclusively on fintech with his new fund. Rerail has a target of $20 million and has already surpassed that with a first close of approximately $20.5 million, expecting to raise a bit more before the final close. The fund's limited partners are predominantly founders and operators, aligning with Danon's strategy to leverage a network of industry insiders to support emerging startups. Institutional investors are also part of the investor base, providing additional support and resources. Danon's extensive background includes roles at Anthemis Group, where he was involved in TrueLayer's seed round, and as a partner at Speedinvest, focusing on fintech investments like Primer and Wayflyer. With Rerail, he plans to invest between $200,000 and $500,000 per company, concentrating on pre-seed and seed-stage fintech ventures without geographical limitations. Emphasizing a collaborative approach, Danon aims to offer more than just capital to founders. He believes in learning from entrepreneurs and providing valuable advice and connections without asserting undue influence. Rerail has already made its first investment, although details remain undisclosed at this time. The article on TechCrunch in the first comment.
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Founding a #startup isn't easy, but Babs Ogundeyi, Group CEO and Founder of Kuda shares some of what he's learnt on his #entrepreneurial journey. In five years, #fintech Kuda has grown to over 7 million customers #globally, and here are the insights that have helped Babs along the way: 🤝 A good #team is essential 💰 #Funding is key to a successful startup 📈 Focus on customers and creating a product they want and need 💪 Navigate challenges and have an understanding of financial sustainability and resource allocation ↪️ Know when to change direction and pivot Via Tech Funding News https://bit.ly/4aoCV1q #Advice #Founder #Neobank #Scaleup #Technology
Fintech founder reveals: 5 things I learnt on my entrepreneurial journey — TFN
https://techfundingnews.com
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🚀 'Latin America fintech will be a market to watch in 2025' 🌟 Your next game-changer is here! 🌱 Calling all investors and founders: Dive into actionable insights, groundbreaking ideas, and strategies to take your journey to the next level. 👉 Read it now: https://lnkd.in/eZ8FyZqm ✨ Midway through 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d already hit the bottom for funding to Latin American fintech startups, and that a bounce back was coming. While momentum hasn’t been a straight shot up and to the right ever since, it’s looking like he was right. The volume of venture […] Don’t miss out on this must-read for leveling up in the world of startups and investment. Let’s innovate, grow, and succeed together! #Leadership #Innovation #Startups #Entrepreneurship #Founders #Investors #Growth #Strategy #Success
Latin America fintech will be a market to watch in 2025
https://blog.pitchndeal.com
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We know that it can be easy to let funding announcements slip you by in this fast-paced industry. That’s why we put together our weekly In Case You Missed It (ICYMI) funding round-up so you can get the latest funding news. Read more 👇 http://spr.ly/6046on1As #ICYMI #StartUp
ICYMI fintech funding round-up: Loop, Primary, Sitewire, Savr and more - FinTech Futures: Fintech news
https://www.fintechfutures.com
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🚀 'Latin America fintech will be a market to watch in 2025' 🌟 Your next game-changer is here! 🌱 Calling all investors and founders: Dive into actionable insights, groundbreaking ideas, and strategies to take your journey to the next level. 👉 Read it now: https://lnkd.in/eHbc8WzB ✨ Midway through 2024, Mike Packer, a partner at fintech-focused QED Investors, predicted we’d already hit the bottom for funding to Latin American fintech startups, and that a bounce back was coming. While momentum hasn’t been a straight shot up and to the right ever since, it’s looking like he was right. The volume of venture […] Don’t miss out on this must-read for leveling up in the world of startups and investment. Let’s innovate, grow, and succeed together! #Leadership #Innovation #Startups #Entrepreneurship #Founders #Investors #Growth #Strategy #Success
Latin America fintech will be a market to watch in 2025
https://blog.pitchndeal.com
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US fintech Carta expands to Australia to support the local startup and private market ecosystem #usfintech #fintech #fintechnews #finance #technology #financialtechnology #privatemarkets #australianfintech #startups #startupnews #australianstartups
US fintech Carta expands to Australia to support the local startup and private market ecosystem - StartUp ScaleUp
https://startupscaleup.com.au
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Building Andrena Ventures
2moThank you Audacious Investor™️ for the profile 🙏