Rob Kniaz, the founding partner of European VC firm Hoxton Ventures, is reportedly in talks with investors to raise a deep tech-focused fund for his yet-to-be-launched VC firm.
His departure date from Hoxton is yet to be finalized, but it is not imminent. Until then, Kniaz will continue to manage Hoxton's $215M fund that closed last year.
- Kniaz co-founded Hoxton along with Hussein Kanji in 2013.
- The duo moved from the U.S. to the U.K. in a bid to invest in European startups.
- Notable companies backed to date include food delivery platform Deliveroo and cybersecurity firm Darktrace.
- Hoxton received a 100x and 50x return, respectively, on its bets on Deliveroo and Darktrace. After their respective IPO debuts, their share prices dropped 68% and 21%, respectively.
- Hoxton did incur a loss on its investment into Babylon Health.
