No Such Ventures

No Such Ventures is an Amsterdam-based European venture capital firm founded in 2018 with a deal-by-deal fundraising model designed to democratize access to the VC asset class. Rather than raising a pooled fund with a fixed LP pool, the firm syndicates capital separately for each investment from a well-connected network of angels and family offices, matching each investor's specific interests to the company at hand. The firm leads rounds and focuses on European scale-ups with proven teams or products ready to scale, writing cheques ranging from EUR 1.5 million to EUR 8 million per deal. Sector coverage spans B2B, B2C, energy, financial services, advertising technology, advanced manufacturing, audio technology, AI, big data, and climate tech. As of November 2024, No Such Ventures had invested in 16 companies, with 3 new investments made during 2024. The firm leads rounds and notable portfolio companies include Magic Lane, an Amsterdam and Romania-based privacy-friendly mapping and location platform that received a EUR 3 million lead round in May 2024; Trustoo, an Amsterdam-based local-services marketplace that received a follow-on in August 2023; TAGGRS, the most recent first-time investment in November 2024; and Vendora.gr. The firm is staffed by approximately 10 people including 2 partners, with notable team members including Thijn van Helvoirt, Reinder Lubbers, Merel Kraaijenbrink, and Arjan Griffioen. The deal-by-deal model is both No Such Ventures' structural differentiator and its value proposition to LPs: investors commit to specific companies they find compelling rather than to a blind pool, creating a more direct alignment of interests between capital and conviction.