After 7 years as a partner at Balderton Capital, Roberto Bonanzinga has taken a step back from the fund. He now becomes ‘Venture Partner’ and will pursue other interests as an Angel investor rather than as a VC. However, in a statement, Balderron said he would “continue to be strongly affiliated with the firm”.
Although Bonanzinga will not make new investments from Balderton’s latest fund in this new role, he will continue to serve on several boards of the Balderton portfolio, and will continue to source investment opportunities for the firm.
Bonanzinga has spearheaded Balderton’s investment in companies including Banjo, Contentful, Depop, SaatchiArt, Tictail, Vivino and Wooga, among others.
This latest move is a sign that London’s VCs are changing to take advantage of the new wave of startups coming out of Europe. Balderton in particular is changing quite a bit, bringing on new partners, and raising a new fund aimed at the early stage in Europe.