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Firm2 July 20264 min read

Borderless by Default: Building Across Four Ecosystems

Why AH Capital runs deal-flow operations from Lisbon, Tel Aviv, London and Berlin rather than a single office.

A pan-European mandate is easy to write and hard to operate. Founders do not care where a fund is domiciled; they care whether you can open the right door in the right city within a week.

Lisbon is our home and our legal base. Tel Aviv gives us proximity to applied engineering talent and a delegation network that moves quickly. London remains the deepest pool of later-stage capital, and Berlin is where a large share of European deeptech gets its second wind.

Running four hubs is an operational cost we accept because it changes what we can offer at the moment a company needs it most.