Investment approach
Fragmentation is the opportunity.
Europe is not one venture market. It is many. Euro VC is built to find local advantage, apply one investment standard, and help the strongest companies scale beyond their home market.
Where we invest.
Stage
Pre-seed, seed and Series A as the early-stage core. Selective growth and follow-on opportunities where the strategy supports them.
Geography
UK and Ireland, Nordics, DACH, France and Benelux, Iberia, and selected Central and Eastern European markets.
Company
Technology and technology-enabled businesses with the potential to lead a large category beyond one domestic market.
Role
Lead or co-lead where Euro VC can underwrite the company clearly and influence the quality of the round.
Vestiaire Collective, France. Initial investment at Series B, 2015.
One standard across Europe
Five decisions, in order.
Step I
Find the signal
Local relationships, founder referrals, sector specialists and prior company networks reveal opportunity before it becomes consensus.
Step II
Test the reason
Why this company, why now, why this market, and why this team can win beyond its first geography.
Step III
Price the risk
Market depth, product evidence, company economics, ownership and follow-on requirements must support the return case.
Step IV
Build the round
A clear lead, clean documentation and the right co-investors create a stronger starting point for the company and the fund.
Step V
Earn the next cheque
Further capital follows evidence. The strongest companies receive concentrated support for customers, market entry, leadership and the next financing.
Investment principles
Judgment before momentum.
Substance before attention
A visible company is not automatically a valuable one. Product truth, customer behaviour, market structure and founder quality matter more than the volume around a round.
Ownership before optics
A strong investment needs enough ownership and enough future capacity to matter at fund level.
Europe as an operating system
A company that learns to sell, hire and finance across European borders builds an advantage that is difficult to imitate.
Outcomes before marks
Interim valuations matter. Cash returned to investors matters more.
Andreas Nordaard
Partner
Local insight. One investment standard.
Six investment regions
Local context. European reach.
UK and Ireland Nordics DACH France and Benelux Iberia Selected Central and Eastern Europe