Concentric Fund of Funds has recently invested into Andrena Ventures  a $12 million solo GP fund aimed at backing European fintechs at Pre-Seed and Seed. Founder, Gideon Valkin is very bullish on Europe and the thesis is that great entrepreneurs will be ex-employees of some of the great European fintechs as Gideon wants to ‘capitalise on the spinoff flywheel being seen across Europe’. This is the last LP ticket from Concentric FoF 01.