Lars Fjeldsoe-Nielsen
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
Frequently Asked Questions
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