LF

Lars Fjeldsoe-Nielsen

Europe, England, United Kingdom, London

Description

Lars Fjeldsoe-Nielsen is a distinguished figure in the European venture capital landscape, known for his extensive experience in scaling technology companies and identifying high-growth opportunities. He is currently a Co-Founder and Partner at 2xN, an early-stage venture firm he established with fellow former Balderton Capital General Partner Nick Franklin. At 2xN, he focuses on investing in nascent technology companies across Europe and the US, primarily targeting Seed and Series A rounds. His investment thesis often gravitates towards disruptive innovations, particularly in areas like B2B SaaS, product-led growth, and marketplaces, leveraging his deep operational insights from prior leadership roles at tech giants such as Dropbox, Facebook, and Google.

Prior to co-founding 2xN, Mr. Fjeldsoe-Nielsen served as a General Partner at Balderton Capital, one of Europe's leading venture capital firms based in London. During his tenure at Balderton, he played a pivotal role in numerous successful investments, including leading rounds for companies like Labster, Healx, and Vestiaire Collective. Balderton Capital is known for its robust investment strategy, typically deploying initial checks ranging from $1 million to $20 million into companies from Seed to Series B stages. This experience provided him with a comprehensive understanding of the full lifecycle of early-stage venture funding and portfolio management.

His transition to 2xN signifies a continued commitment to nurturing early-stage innovation. While 2xN's specific fund size is not publicly disclosed, its focus on Seed and Series A rounds, combined with the founders' background at a firm like Balderton (which raised a $600 million fund in 2021), suggests a capacity for substantial early-stage investments. Lars Fjeldsoe-Nielsen's approach is characterized by a hands-on mentorship style, offering strategic guidance to founders on product development, market fit, and scaling operations. His dual perspective as both an operator and an investor makes him a valuable partner for ambitious startups aiming for significant global impact.

Investor Profile

Lars Fjeldsoe-Nielsen has backed more than 35 startups, with 0 new investments in the last 12 months alone. The firm has led 1 rounds, about 3% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Denmark, Pakistan.
  • Strong thematic focus on Software, Information Technology, Mobile Apps.
  • Typical check size: $500K – $20M.

Stage Focus

  • Seed (54%)
  • Series A (20%)
  • Series B (11%)
  • Series Unknown (6%)
  • Series D (3%)
  • Angel (3%)
  • Convertible Note (3%)

Country Focus

  • United States (40%)
  • Denmark (11%)
  • Pakistan (9%)
  • Finland (6%)
  • United Kingdom (6%)
  • Germany (6%)
  • Norway (3%)
  • Algeria (3%)
  • Spain (3%)
  • India (3%)

Industry Focus

  • Software
  • Information Technology
  • Mobile Apps
  • Saas
  • Financial Services
  • B2b
  • E-commerce
  • Retail
  • Artificial Intelligence (Ai)
  • Food And Beverage
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Lars Fjeldsoe-Nielsen frequently co-invest with?

VentureSouq
Asia, Dubai, United Arab Emirates, Dubai
Co-Investments: 2
Flexport
North America, California, United States, San Francisco
Co-Investments: 2
WndrCo
North America, California, United States, Beverly Hills
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Golden Gate Ventures
Asia, Central Region, Singapore, Singapore
Co-Investments: 2
NV
North America, New York, United States, New York
Co-Investments: 2
Tiger Global Management
North America, New York, United States, New York
Co-Investments: 2
Coatue
North America, New York, United States, New York
Co-Investments: 2
Northzone
Europe, England, United Kingdom, London
Co-Investments: 2
Fatima Gobi Ventures
Asia, Punjab, Pakistan, Lahore
Co-Investments: 2

Which angels does Lars Fjeldsoe-Nielsen often collaborate with?

MS
Europe, England, United Kingdom, London
Shared Deals: 1
HH
Europe, Cambridgeshire, United Kingdom, Cambridge
Shared Deals: 1
Claire Diaz-Ortiz
South America, Distrito Federal, Argentina, Buenos Aires
Shared Deals: 1
DF
North America, California, United States, Penngrove
Shared Deals: 2
AV
North America, New York, United States, New York
Shared Deals: 1
EE
North America, Florida, United States, Miami
Shared Deals: 1
LC
Europe, United Kingdom
Shared Deals: 1
NB
North America, Florida, United States, Miami
Shared Deals: 2
CL
North America, Colorado, United States, Denver
Shared Deals: 1
AA
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by Lars Fjeldsoe-Nielsen?

Quantrol Ox

Espoo, Southern Finland, Finland

QuantrolOx is building automated machine learning-based control software for quantum technologies to tune, stabilize, and optimize qubits.

Information TechnologyMachine LearningQuantum ComputingSoftware
SeedFeb 23, 2022
Amount Raised: $1,896,289
HUBUC

Barcelona, Catalonia, Spain

HUBUC P1 is a lightning-fast global Card issuing and Processing engine.

B2BBankingCredit CardsDebit CardsFinancial ServicesFinTechPaymentsSoftware
SeedJan 14, 2022
Amount Raised: $10,000,000
LiveFlow

New York, New York, United States

LiveFlow turns your spreadsheet into a scalable, realtime FP&A platform

AccountingSaaS
SeedDec 21, 2021
Amount Raised: $3,500,000
uLesson

Jos, Plateau, Nigeria

uLesson mobile offering rests on three pillars: academics,media & technology and curriculum content is delivered via streaming and SD cards.

E-LearningSoftware
Series BDec 9, 2021
Amount Raised: $15,000,000
The Org

New York, New York, United States

The Org operates and manages an online platform that showcases public organizations.

CommunitiesInformation ServicesInternet
Series BSep 16, 2021
Amount Raised: $20,000,000
OpenSea

New York, New York, United States

OpenSea is an NFT marketplace that enables users to discover, collect, and sell blockchain-based digital assets.

BitcoinBlockchainCryptocurrencyDecentralized Finance (DeFi)Non-Fungible Token (NFT)
Series BJul 20, 2021
Amount Raised: $100,000,000
NoTraffic

Palo Alto, California, United States

NoTraffic is a software company that creates an autonomous traffic management platform in order to alleviate traffic congestion.

Artificial Intelligence (AI)Computer VisionMachine LearningSaaSTransportation
Series AJul 14, 2021
Amount Raised: $17,500,000
UrbanKisaan

Hyderabad, Andhra Pradesh, India

UrbanKisaan is reimagining food through farming by building vertical farms globally.

AgricultureFarmingHorticulture
SeedJul 13, 2021
Amount Raised: $5,500,000
CELUS

Munich, Bayern, Germany

Engineering platform to automate the development of electronics

Artificial Intelligence (AI)Software
Convertible NoteJul 1, 2021
Amount Raised: $4,027,572
Byte

Lahore, Punjab, Pakistan

Byte is a low-cost food distribution service provided by automated kitchens.

Delivery ServiceFood and BeverageFood DeliveryRetail
AngelJul 1, 2021