HomeUKGideon Valkin Launches With $12M Inaugural Fund

Gideon Valkin Launches With $12M Inaugural Fund

Gideon Valkin
Gideon Valkin

Gideon Valkin, the former Monzo and ClearScore commercial leader, investor and entrepreneur, is launching Andrena Ventures with a $12m solo GP fund.

The vehicle has reached its first close with a final close planned for later in the year.  Backers included Entrée Capital; RTP Global; Taavet+Sten (the Investment Partnership between Taavet Hinrikus and Sten Tamkivi, co-founders of Wise and Teleport respectively); Cherry Ventures Managing Partners, Filip Dames, Christian Meerman, Sophia Bendz; David Haber, Fintech GP at Andreessen Horowitz; Firat Ileri, Managing Partner at Hummingbird Ventures, etc.

The fund will back startups at Pre-Seed and Seed stage across Europe bringing close support, dedication and alignment to the leaders he invests in. He combines the network that founders expect from institutional funds with personalized support and operational know-how typically only delivered by business angels.

Gideon Valkin has spent 15 years in this ecosystem as a founder, operator and investor, and has already backed several startups, both as an angel and as an investor at Entrée Capital. This includes: e-commerce enablement startup, Packfleet; rewards credit card company, Yonder; autonomous customer operations agent, Gradient Labs AI; and cross-border B2B payments network, Moment.

Commenting on the launch, Valkin said: “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, AI, climate-tech and enterprise software. They deserve investors who understand these problems, believe in their ambitious vision and have the knowledge and know-how to truly support them.”  

He’s also announcing the fund’s first investment into Nustom, an AI-powered software-building startup from Monzo co-founding CTO, Jonas Templestein.