Welcome back to another episode of the EUVC Podcast where we bring together Europe’s venture family (and friends from beyond) to share the stories, insights, and lessons that shape our ecosystem.

Today, we join with Nic and Daniel, co-founders of Archangel Ventures. Archangel is one of the most active early-stage firms in the region, backing founders from the very first cheque and working closely with them as company builders.

With backgrounds spanning operating, angel investing, and ecosystem building, Nic and Daniel bring a refreshingly transparent and grounded perspective on how venture capital can serve founders better, and how Australia’s startup scene is evolving on the global stage.

🎙️ Here’s what we cover:

01:00 Origins of Archangel Ventures and why Nic & Daniel teamed up.
04:00 Building Australia’s angel-to-VC pipeline and what the ecosystem needs next.
07:00 Archangel’s investment philosophy: conviction, community, and backing early.
12:00 Navigating founder relationships — honesty, transparency, and the long-term view.
18:00 Australia vs. global VC: where the differences and similarities lie.
23:00 Portfolio construction: balancing risk, ownership, and discipline.
28:00 Lessons learned from angel investing and bringing them into fund management.
33:00 The importance of networks — why community is Archangel’s real edge.
37:00 The future of Archangel and ambitions for Australia’s founders.
41:00 Reflections: what drives Nic & Daniel as investors and partners to entrepreneurs.

🌍 Takeaways for Founders & VCs

Early-stage VC works best when paired with an operator’s mindset.
Ecosystems outside Silicon Valley thrive when angels and VCs work hand in hand.
Transparency builds trust, especially when navigating the ups and downs with founders.
Community is capital: networks drive deal flow, support, and lasting value.
Australia is rising and its founders are ready for the global stage.

E565 | Nic & Daniel from Archangel Ventures on Building Australia’s Early-Stage VC

EUVC