Vauban is a platform where investors, whether they are stars, giants or business angels, will be able to group together around a project or a category of projects. Instead of investing €100,000 in a single project, with all the risk-taking that can mean in a start-up world, investors could put €10,000 tickets in 10 projects and still manage to raise the funds sought by an entrepreneur.
“Our goal is to reduce the friction between those who have the capital and those who need it to solve humanity’s biggest problems. So we decided to start by rebuilding the infrastructure on digital rails, as this is essential to provide a great UX for all industry players: VCs, business angels and founders,” Astie explained last November.
He had just announced that he had raised €5.5m in pre-series A funding to launch his European AngelList, in a round co-led by Pentech and Outward, along with 7percent Ventures and MJ Hudson, Nested CEO Matt Robinson, Grabyo founder Will Neale, ComplyAdvantage founder and CEO Charles Delingpole, Augmentum Fintech partner Perry Blacher and Al Giles of legal services provider Axiom.
More than 5,000 investors, syndicated in 400 funds and syndicates, have already invested more than $700m since the fintech was founded in 2018. This has allowed them to invest in Airbnb, Revolut or Bolt, among others. It’s a good start for the European version of the AngelList, launched in 2010 in the United States and which has raised $10bn in 15,000 investor groups and fostered the emergence of nearly 200 unicorns.
Under a British licence, Vauban Technologies has opened its Luxembourg branch in the Capellen business park, at Etienne Ceulemans’ Creatrust, to gain access to the European market.
This story was first published in French on . It has been translated and edited for Delano.