FundVintage 2025Updated May 26, 2025
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Gilgamesh Ventures – Fund II

Gilgamesh Ventures raises $20M for Fund II to back early-stage fintech startups across the Americas with AI-driven innovation.

About This Fund

Gilgamesh Ventures, a New York-based venture capital firm specializing in early-stage fintech investments across the Americas, has successfully closed its second fund, Gilgamesh Fintech Ventures II , at $20 million . This new fund increases the firm's total assets under management to $35 million .

Founded in 2021 by Miguel Armaza and Andrew Endicott, Gilgamesh Ventures focuses on backing fintech startups that accelerate the pace of commerce. With Fund II, the firm plans to invest in companies that leverage AI-native approaches to scale efficiently, reflecting a commitment to innovation in financial services.

The fund's limited partners include institutional investors such as Foundation Capital, GBM Ventures, and Encore Bank, as well as fintech founders like Renaud Laplanche (Upgrade, Lending Club) and Dan Henry (Green Dot, NetSpend). Notably, all institutional investors from Fund I returned with equal or larger commitments for Fund II.

Gilgamesh Ventures has invested in 44 startups across 10 global markets since its inception, with a significant presence in Latin America, including investments in companies like Nexu, Xepelin, and Cayena.

Manager Details

Manager Location
United States
Manager Address
N/a

Fundraising Details

Currency
EUR
Final Close Date
May 23, 2025
Total Raised to Date
€20M

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