Ertan Can — Building Europe’s first Micro-VC FoF

08/11/2025 58 min

Listen "Ertan Can — Building Europe’s first Micro-VC FoF"

Episode Synopsis

Ertan Can is the founder and managing partner of Multiple Capital, a pan-European micro-VC fund-of-funds targeting seed-stage emerging managers. Launched inside a family office in 2012 and spun out in 2018, Multiple mapped Europe's emerging manager ecosystem early, backing solo GPs across deep tech, AI, fintech, and defense. The fund has committed to 30+ micro-VCs with indirect exposure to 1,000+ startups, delivering top-decile performance with outliers like UiPath.Multiple's edge combines rigorous manager selection at sub-institutional fund sizes with European valuation arbitrage and US-scale exit paths. Operating from Luxembourg for institutional readiness, the fund maintains disciplined €1M check sizes and targets managers with demonstrable unfair advantages and concentrated portfolio construction.Learn more about Ertan and Multiple Capital below:linkedin.com/in/ertancan/multiple.capital/