Toby Coppel

Co-founder and Partner, Mosaic Ventures
Toby Coppel combines deep operating leadership—he ran Yahoo Europe (2,000+ employees)—and investing acumen, having led Yahoo’s $1B Alibaba investment and backed Criteo, Pinterest and Wise; he prioritizes founder–market fit.
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Stages their fund invests in
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Sectors their fund invests in
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Avg Check
$1M–$10M
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Does their fund Lead?
No
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Geos their fund invests in
Greater China
Toby Coppel
Stages their fund invests in
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Sectors their fund invests in
AI
Fintech
Marketplaces
Health
Consumer
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Avg Check
$1M–$10M
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Leads?
No
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About Toby Coppel

Toby Coppel led Yahoo's $1 billion investment in Alibaba in 2005, a stake later worth more than $80 billion, and also ran Yahoo's European division of over 2,000 employees, giving him a rare combination of operating and investing experience through multiple waves of internet and AI development since the 1990s. As an angel and Virgin partner he backed companies like Criteo, Pinterest, Hailo, CreativeLive, and TransferWise/Wise, and he's known for judging founders by their founder-market fit and for believing that a great market matters more than founder talent alone.

About their Fund

Mosaic Ventures

Sectors
AI, Fintech, Marketplaces, Health, Consumer
Rounds
Seed - Series A
Avg Check Size
$1M–$10M

Mosaic Ventures is a European venture capital fund built by partners with Silicon Valley-style startup and investing backgrounds who focus specifically on European Series A rounds, typically $3–10M, that come right after a startup starts finding product-market fit; the firm operates as a small, flat partnership by design, was notably early to blockchain investing, and follows named investment themes like machine intelligence and future of money rather than generic categories. It aims to back Europe's most ambitious founders, using an approach centered on founder-market fit and rigorous founder writing, while paying particular attention to Northern Europe and to businesses with strong data or network effects.

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