Two Small Fish Ventures

Two Small Fish Ventures is an early-stage venture capital firm based in Toronto, Canada, founded by Eva Lau and Allen Lau. Allen Lau is notably the co-founder of Wattpad, a global storytelling platform that was acquired by Naver for $600 million in 2021. The firm primarily focuses on investing in startups that are exploring "the next frontier in computing and its applications," encompassing areas such as artificial intelligence, machine learning, data infrastructure, SaaS, developer tools, and consumer technology. Their investment thesis centers on identifying visionary founders with a deep understanding of their market and a clear path to building defensible technology.

The firm's investment strategy is characterized by a hands-on approach, leveraging the extensive operational and growth experience of its founders. Eva Lau, a seasoned venture capitalist and former head of Wattpad's product and monetization, brings a wealth of knowledge in scaling consumer tech companies. Two Small Fish Ventures typically writes initial checks ranging from $250,000 to $1 million, targeting pre-seed, seed, and Series A rounds. This strategic capital is often accompanied by mentorship and guidance, helping portfolio companies navigate critical early-stage challenges and accelerate their growth.

Two Small Fish Ventures seeks to partner with ambitious teams building disruptive technologies that can capture significant market share. Their portfolio reflects a diverse range of innovative companies, often at the intersection of deep technology and large addressable markets. The firm's unique value proposition lies in its ability to provide not just capital, but also invaluable strategic insights derived from the founders' direct experience in building and scaling a globally successful tech company.