Veteran Investor Julien Codorniou Shifts Focus to Early-Stage with 20VC
London-based venture capital firm 20VC continues its strategic expansion with the addition of Julien Codorniou as its newest General Partner. The move comes just weeks after the firm announced its $400 million third investment vehicle, signaling strong momentum in European tech investing.
From Felix Capital to 20VC: A Strategic Career Move
Codorniou leaves Felix Capital after nearly a decade of service, having joined as a founding advisor in 2015 before becoming Partner in 2021. At 20VC, he’ll focus on seed-stage investments—a notable shift from Felix Capital’s typical later-stage funding strategy.
Key aspects of Codorniou’s background:
- Led investments in Pigment, Omada, TechWolf, and gaming startup Agave
- Maintains board seats and LP status with Felix Capital
- Active angel investor in Bloom & Wild, BeReal, and Linktree (among others)
- Former Facebook/Meta executive overseeing Workplace platform
20VC’s Remarkable Growth Trajectory
Founded in 2020 by podcast host Harry Stebbings, 20VC has evolved from its origins as a micro-VC with an $8.3 million debut fund to a major player in European venture capital:
Fundraising Milestones:
- 2021: $140 million second fund
- 2024: \(400 million third fund (\)125M seed, $275M Series A)
Recent Team Expansions:
- Kieran Hill (Seed Partner since 2021)
- Paul Bonnet (ex-DST Global) and Alexandre Dewez (ex-Eurazeo) joined earlier this year
Why This Move Matters for European Tech
Codorniou’s appointment comes during a challenging period for European VC:
- Venture funding in Europe fell to $45 billion in 2024 (per Atomico)
- Fewer acquisitions and IPOs creating headwinds
His transition signals:
- Continued confidence in early-stage European startups
- 20VC’s commitment to building a diversified investment team
- The growing influence of operator-turned-investors in VC
A Shared Investment History
Codorniou and Stebbings have previously co-invested in several high-profile startups including:
- Tripledot Studios
- BeReal
- Linktree
This existing relationship likely facilitated the smooth transition between firms. Codorniou’s combined experience as a corporate executive (Microsoft, Meta), VC investor, and angel investor brings unique perspective to 20VC’s investment strategy.
Editor’s Note: This story was updated to clarify Codorniou’s continued involvement with Felix Capital as a limited partner.
📚 Featured Products & Recommendations
Discover our carefully selected products that complement this article’s topics:
🛍️ Featured Product 1: A MA MANÍERE HOODIE
Image: Premium product showcase
Professional-grade a ma maníere hoodie combining innovation, quality, and user-friendly design.
Key Features:
- Professional-grade quality standards
- Easy setup and intuitive use
- Durable construction for long-term value
- Excellent customer support included
🔗 View Product Details & Purchase
🛍️ Featured Product 2: A MA MANIÉRE SHORT SLEEVE T-SHIRT
Image: Premium product showcase
Professional-grade a ma maniére short sleeve t-shirt combining innovation, quality, and user-friendly design.
Key Features:
- Industry-leading performance metrics
- Versatile application capabilities
- Robust build quality and materials
- Satisfaction guarantee and warranty
🔗 View Product Details & Purchase
🛍️ Featured Product 3: A MA MANÍERE JACKET
Image: Premium product showcase
Professional-grade a ma maníere jacket combining innovation, quality, and user-friendly design.
Key Features:
- Premium materials and construction
- User-friendly design and operation
- Reliable performance in various conditions
- Comprehensive quality assurance
🔗 View Product Details & Purchase
💡 Need Help Choosing? Contact our expert team for personalized product recommendations!
