A spectre is haunting Europe.
It is the ghost of the founder who left.
Europe has the talent. We have the best-educated population on earth, the deepest bench of engineers, a culture steeped in heritage, ideation, creativitiy and cross-disciplinary thinking.
And yet our best talent continues to be exported to the United States.
What Europe lacked was never the people or the ideas. It was capital and cultural networks that fund ideas, supporting European talent in Europe.
Avalon is being built to supply both.
META
In the New Year we are presenting an open letter to Europe, co-signed by the people building here.
It has one simple request: that the rules stop punishing the people who take the most risk.
Whether you already fund European talent, or you are a founder or team member at a start-up, we want to hear from you.
What we are organising
The Incentives.
Working with policymakers across Europe on the reforms that decide whether it is rational to build here: how founders and early employees are taxed, how equity is treated, unnecessary red tape on company formation and funding.
The Culture.
Convening founders, operators and investors city by city: Paris, London, Berlin, Milan, Zurich, Kyiv.
CAPITAL
Avalon is a European permanent capital vehicle that incubates, invests in, and acquires the companies building the continent's technological future. We back founders who choose to build in Europe rather than leave for Silicon Valley, funding seed and early stage ventures with European capital and European conviction.
The talent, the education, and the ideas have always been here. What was missing was the funding and the culture to match. Avalon exists to provide both: capital that moves quickly, a network that opens doors across every key European state, and a shared cause that turns individual founders into a coordinated force.
We are not a passive allocator. We incubate ventures from zero, invest alongside the best families and funds in Europe, and acquire where it accelerates the mission. This is where you build.