TLDR:
Earlybird Venture Capital has restructured into two entities, Earlybird and Earlybird Health, to provide more focused support to portfolio companies. The decentralized family of funds structure will be managed by independent partnerships with offices in Munich, Berlin, and London, with additional presence in other European cities. The Digital East Fund will rebrand and continue independently. Earlybird-X fund will integrate into Earlybird’s early-stage strategy, and Vision Lab will become the pro-bono ESG initiative. Dr. Hendrik Brandis, Co-Founder and Partner at Earlybird, believes this restructuring will allow for greater impact in the European venture capital landscape.
Earlybird is one of Europe’s most experienced VC firms with €2.5 billion in assets under management, and they are welcoming Dan Lupu as a Venture Partner to support their work in Eastern Europe. This restructuring reflects a new, agile approach in response to the changing dynamics of remote work and the pandemic.
Article Summary:
Berlin-based Earlybird Venture Capital is rebranding into two entities, Earlybird and Earlybird Health, managed by independent partnerships with offices across Europe. This restructuring aims to provide more focused support for portfolio companies, integrating initiatives like Earlybird-X and Vision Lab into their strategies. Dr. Hendrik Brandis views this as an upgrade to their fund structure, enhancing their ability to support visionary entrepreneurs and achieve greater impact in the European venture capital landscape. The fund’s €2.5 billion in assets under management and the addition of Dan Lupu as a Venture Partner underlines their commitment to Eastern Europe and continued success in the industry.