Eurogate Ventures · EU × US Syndicate

Backing the
category-defining
companies of the next decade.

A member-only syndicate facilitating access to the most promising emerging VC funds and direct deals across Europe and the United States — one transaction at a time.

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Why venture, why now

The highest-returning asset class — and the least allocated to.

Over the last decade, global venture delivered a returns range of 33.3% from manager median to the 5th percentile — more than 4× private equity, 9× hedge funds. Yet HNWIs allocate, on average, just 1% of their portfolios to it. Selection — not exposure — is the entire game.

Returns range, manager median → 5th pct · 2008–2018 Cambridge Associates
Avg HNWI allocation to VC
1%

Statista, 2022 global average. Equities take 26%, commercial property 21%, bonds 17%. Venture sits last.

First-time fund outliers
250×

Lowercase Fund I (Uber, Twitter). K9 Ventures Fund I, 50×+ (Twilio, Lyft). Initialized Fund I, 50×+ (Coinbase, Instacart).

EU VC CAGR since 2010
~20%

European venture has compounded relentlessly while still pricing rounds well below US comparables. The arbitrage is real.

Thesis

Venture isn't an asset class. It's an access class.

The gap between a top-quartile and a median fund is the widest in any asset class. What matters is being in the right rounds, with the right managers, before the round closes. That's what Eurogate is built for.

"Eurogate facilitates access to top emerging VC funds worldwide — via primary and secondary strategies, flexibly leveraging SPV structures. One deal at a time. No fund commitment required."
Strategy
Primary + Secondary
Geo
EU · US
Manager type
Emerging (sub-€50M)
Vehicle
SPV per deal

Gabriele Chiaranz

Syndicate Lead

Started in private equity (distressed finance, two private placements). Moved into venture as a financial advisor to EU early-stage, then as an investor and as a CFO for Berlin-ecosystem startups and scaleups (€50M+ raised).

Eurogate is small on purpose. Members are operators, second-time founders, and family offices who bring more than capital to the funds and companies we back. If that's you, the door is open.

How syndication works

From signal to signed.

A clear, repeatable process. No fund commitment, no minimum activity. Members opt into each deal on its own merits.

i
01 · Source

Curated dealflow

Deals reach us through manager relationships, co-investors, and operator inbound. Roughly 1 in 40 reaches members.

ii
02 · Diligence

Proprietary scoring

Each opportunity runs through a six-axis framework — Strategy, Team, Track Record, GP Structure, Terms, LP Base.

iii
03 · Structure

SPV per deal

Each opportunity runs through a dedicated SPV via Mara Invest or Roundtable. You pick what to back; nothing automatic.

iv
04 · Close

Members in, fast

From notice to wire instructions, typically under 14 days. Reporting and exits handled end-to-end.

SPV partners Mara Invest Roundtable
Proprietary scoring model

Six parameters. One score.

Every fund Eurogate proposes is run through the same six-axis framework. The bar isn't "is this a good fund?" — it's "does this produce outlier returns?"

StrategyA

Do one thing, do it well. Consistent strategy and domain expertise — or scattered focus and style drift?

TeamA+

Stable top leadership, multiple strong partners with sourcing edge, entrepreneurial — not strictly financial — backgrounds.

Track recordA

Verifiable path to deal attribution. IRR, multiples, returns dispersion, and frequency of meaningful exits.

GP structureA

Skin in the game. Professionalized LP reporting. Lean, efficient investment process — not a committee bottleneck.

TermsB+

Fair, transparent fee structure. Coherent distribution policy. A PPM we'd put our own money behind.

LP baseA

Institutional anchors. Quality of co-investors. Pre-committed capital raised against the current vintage.

Investment structure

Transparent terms. No surprises.

Members commit capital only when an investment matches their criteria, on a deal-by-deal basis. Risk is limited to the SPV's perimeter. No fund commitment, no ongoing capital call obligation.

€25K
Minimum ticket
1–1.5%
SPV transaction costs
1%
Mgmt fee · one-off
10%
Eurogate carry
2/20
Target fund fees (passthrough)
Network benefits

Members compound, together.

After your first investment, the door to Eurogate's manager network opens. Direct co-invest rights, shared dealflow, and a private community of operators.

Direct co-investment

Every member who completes at least one Eurogate deal gains unlimited access to direct co-investment opportunities surfaced by the funds in our network.

Portfolio value-add

Source hires, customers, and strategic insights from a community of operators and second-time founders. Capital is the easy part.

Private community

Dedicated Slack channel for trend discussions, dealflow sharing, and members-only events across European hubs.

People & partners

A bench of operators.

Eurogate is led by Gabriele Chiaranz, supported by venture partners with active mandates in EU and global funds.

Gabriele Chiaranz

Syndicate Lead

Started in private equity (distressed finance, x2 private placements). Moved into venture as a financial advisor to EU early-stage, then as an investor and CFO for Berlin-ecosystem startups and scaleups (€50M+ raised).

Luca Mannucci

Venture Partner

Broad VC and PE investment experience across Italy and abroad. Currently runs VC fund selection for Banca Sella holding (€58M fund). Previously Media Digital Ventures, JP Morgan, Syntegra Capital, Spinnaker Ventures.

Membership

Be in the room before the round.

First look on every deal we run.

Eurogate is invite-only. Drop your details and we'll be in touch when the next deal opens — or when there's a fit for an introduction.

  • — Average 4–6 deals per year
  • — Members-only deal memos
  • — Co-invest alongside top-tier leads

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