Pre-Seed, Seed
$250K – $1.0M
$120M
33+ companies
5 partners
Investment Thesis
2XN Ventures backs disruptive SaaS startups leveraging AI for business efficiency and workflow transformation.
Meet the Team
Lars Fjeldsoe-Nielsen
General Partner
Lars Fjeldsoe-Nielsen was General Partner at Balderton Capital in London from 2015-2021 through four funds. He joined after spending a decade in Silicon Valley where he was with Uber and Dropbox. Since 2012 his venture track record includes two IPOs (Uber, Dropbox) and 11 acquisitions. Lars joined Balderton from Uber which he joined when the company was operating in less than 20 cities. His role as Vice-President resulted in strategic alliances. Lars joined Uber from Dropbox as one of the company’s first 25 employees. As Head of Mobile, his growth deals with Samsung and other mobile OEMs helped Dropbox reach its first 100 million users. Prior to that Lars held positions at Voicesignal (acq. Nuance), Skyhook Wireless (acq. TruePosition), Ness Technologies (acq. Opentable), 3Jam (acq. Skype) and T9 Tegic (acq. AOL). More than a billion people have used the software and services distributed as a result of mobile growth partnerships led by Lars. His venture investments include Voi (Raine), Labster (A16Z), Hiya (Ericsson), Cambridge Quantum Computing (HON), Hopin (A16Z), Opensea (A16Z), Yassir (YC), Beacon (Eric Schmidt), The org (Sequoia), Octant (A16Z), Zycada (Khosla), Monarch Money (Accel) and Kukua (Tencent), Dubsmash (acq. Reddit), Tempow (acq. Google), Rahko (acq. Odyssey Therapeutics), Pocket (acq. Mozilla), Blue Bottle (acq. Nestle), Marble (acq. Caterpillar). Lars, who is Danish-Portuguese, grew up across Africa and served with the Royal Danish Guards. He holds a MBA from London Business School, where he also serves on the Board of Trustees, an MSc from Oxford University Keble College and a BSc from King’s College, London. He lives in London with his wife and three children.
Evgenia Sopochkina
Principal
Evgenia is a Principal at 2xN. Evgenia is an entrepreneur and VC investor with a finance background. Prior to joining the team in April 2021, she worked at Round Hill Ventures, a London-based PropTech VC. She also co-founded and managed for 3 years a start-up in Paris, France – an Artificial intelligence solution for talent management. Evgenia started her career in finance, working 6 years for Barclays, BNP Paribas and Credit Agricole, in M&A, audit and consulting. Evgenia is French and holds a Master in Management Grande Ecole degree from HEC Paris and an MBA from London Business School.
Johan Maunsbach
Partner
Johan is a Partner & Chief Operating Officer at 2xN. Johan has a background as a lawyer qualified in Sweden and England & Wales, and he has spent most of his career working with investments in private markets. After working in private practice, he spent the past 10 years at Partners Group based in Switzerland, the U.S. and London, where he was the Head of Investment Operations. Prior to joining 2xN, Johan was a Partner & COO at GP Bullhound. In his work within the asset management industry Johan has had a particular focus on various private markets investments globally, including directs (lead and co-investments) and fund investments (primaries and secondaries) across private equity, venture capital & real assets with particular expertise in building and managing legal, transaction management and operational teams and developing their processes. Johan is Swedish and holds an LL.M. degree from Uppsala University.
Industry Focus
Invests In
Does Not Invest In
Portfolio Companies (33)
Other
Stilt
Causal
Beacon Mobility
"Discovered via firm_website (high confidence)"
Beacon is a digital supply chain and freight platform. Our mission is to help businesses simplify and optimise their supply chains with end-to-end visibility, payments, and insights.
Byte Marketplace
"Discovered via firm_website (high confidence)"
Byte is a low-cost food distribution service provided by automated kitchens.
Cambridge Quantum
"Discovered via firm_website (high confidence)"
Cambridge Quantum is creating waves of change in the world through next generation technologies in the realm of quantum computation.
CELUS
"Discovered via firm_website (high confidence)"
Celus accelerate innovations in electronics design, creating a transparent environment between component suppliers and engineers to achieve more design wins and reduce development time.
Darktrace
"Discovered via firm_website (high confidence)"
Darktrace AI interrupts in-progress cyber-attacks in seconds, including ransomware, email phishing, and threats to cloud environments and critical infrastructure.
Divido
"Discovered via firm_website (high confidence)"
A fast and flexible platform for lenders, retailers and channel partners to deliver retail finance.
Guard Knox
"Discovered via firm_website (high confidence)"
We are a technology and engineering company specializing in E/E products and solutions for the automotive market.
Hopin
"Discovered via firm_website (high confidence)"
Hopin is the all-in-one event management platform for virtual, hybrid, and in-person events.
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