Gideon Valkin – formerly of Monzo, ClearScore and Entree Capital – has launched Andrena Ventures, a $12 million solo GP fund aimed at backing European fintechs at Pre-Seed and Seed.
The first investment from this fund will be into Nustom, an AI startup founded by Monzo’s co-founding CTO. The new firm is backed by Midas List investors and founders of giants Wise and Teleport.
Andrena will back on subsidiaries of successful companies that have been spun out by ex-employees, as Valkin wants to ‘capitalise on the spinoff flywheel being…
