Building investor trust in frontier technology is no small feat. Eric van der Kleij and co-founders Arian Alikhani and Daniel Doll-Steinberg launched EdenBase to give LPs access to some of the most complex and consequential technology bets of the coming decade, at the intersection of AI, quantum computing, and next-generation data systems.
Alongside its core funds, EdenBase regularly offers co-investment and secondary SPV opportunities to its LP base, requiring a digital infrastructure that matches its rigorous standards while remaining genuinely easy to navigate for investors new to the process.
After a thorough market analysis, EdenBase chose Roundtable as its first SPV partner, and has since expanded the collaboration to include a Luxembourg feeder structure for its US-based Quantum Fund. Roundtable stood out among competitors not just for the quality of its platform, but for the accessibility and responsiveness of its team, a combination that proved decisive for a firm where investor relationships are everything.
In our interview, Eric van der Kleij shares how that partnership came together. EdenBase now uses Roundtable both for individual SPVs and for a Luxembourg feeder structure serving European LPs in its US-domiciled Quantum Fund: a more complex structure that the platform handled as seamlessly as the first. For EdenBase, it's become a partnership built on trust, and one they intend to keep building on as their ambitions continue to expand.
Key takeaways:
- EdenBase invests at the intersection of AI, quantum computing, and frontier technology, offering its LP base of family offices fund exposure, along with co-investment and secondary SPV opportunities, requiring a platform that could match its standards for professionalism and compliance.
- After a thorough market review, Roundtable stood out as the only fully digital, Luxembourg-based SPV solution that could meet EdenBase's bar, earning the trust of privacy-conscious LPs who were new to the platform but quickly became comfortable with it.
- As EdenBase's needs evolved, so did the collaboration: Roundtable seamlessly handled the addition of a Luxembourg feeder structure for the US-domiciled Quantum Fund, giving European LPs a familiar and frictionless path into international frontier technology deals.
- Beyond the platform itself, it's the team's availability and responsiveness that made the difference, giving EdenBase the confidence that any issue would be resolved quickly and that their investors were always in good hands.
Roundtable: Can you briefly introduce yourself and EdenBase?
Eric van der Kleij: EdenBase is a fund and ecosystem based in London. We run several funds, including an early-stage AI fund and a $100 million Quantum Fund domiciled in the US. In addition to direct investments, we offer co-investment and secondary opportunities to LPs who have supported us over the years. That's initially what brought us to Roundtable, we needed a fully digital SPV experience in Luxembourg, which is not typically known for its digital infrastructure.
Roundtable: Can you tell us more about your investment thesis and focus?
Eric van der Kleij: The EdenBase Fund 1 is an early-stage seed fund investing in AI-powered businesses, spanning verticals from fintech to travel tech and more. The Quantum Fund is a dedicated vehicle investing in the base layer of quantum computing, the supply chain, if you will, targeting 25 investments at the Seed to Series A stage; 20 of those will focus on the base layer and five on applications.
Roundtable: What is the typical investor profile at EdenBase?
Eric van der Kleij: Our LPs are primarily family offices that have become accustomed to us over the years. They trust us to source and do due diligence on companies in frontier technology, and they value the ability to participate in co-investment and secondary SPV opportunities alongside the main fund.
Roundtable: How are you currently using Roundtable? What are your main use cases?
Eric van der Kleij: We have two use cases. The first is a fully digital SPV experience for onboarding LPs into specific target investments. What's impressive is that Roundtable managed to digitize a genuinely complex regulatory environment in Luxembourg, that's no small feat.
The second, more recent use case is a Luxembourg feeder structure for our US-domiciled Quantum Fund. For continental European LPs, a feeder provides regulatory familiarity and ring-fences their exposure to other jurisdictions, which is key to them. The feeder operates similarly to the SPV, with the main difference being that it mirrors the drawdowns and closings of the main fund rather than having a single close. The transition was seamless for us since the interfaces are very similar.
Roundtable: What has your experience with the platform been like?
Eric van der Kleij: As an organization, we're always willing to try new things, but we also have very high standards for user experience. With Roundtable, we've had very few remarks, which in itself says a lot, and it shows me that they have people who really care about the user experience. The back office is informative and clear. All in all, the platform gives me confidence that we're delivering to our investors the most frictionless digital experience possible within the constraints of the regulatory framework.
Roundtable: Have you received feedback from your investors about the platform?
Eric van der Kleij: Our LPs are particularly privacy-conscious, and initially, some were uncertain about what Roundtable was, as it was a new name to them. But over time they've become very comfortable with the organization.
There's actually an interesting dynamic there: the rigor of the onboarding process, while demanding, creates exactly the right impression of a professionally run operation. That matters a great deal when you're bringing highly valued investors on board.
Roundtable: What did your SPV process look like before Roundtable?
Eric van der Kleij: Roundtable was actually our first SPV experience, so we did a thorough market analysis before choosing.
What stood out with Roundtable was the availability and accessibility of the team. Being able to reach someone via a business WhatsApp group and get a quick answer solves so many issues. It's a very modern approach to customer service and I really appreciate that.
Overall, my experience has been very positive and it's obvious to me that they have solid systems and are capable of quickly following through. My impressions so far have been so positive that I have recommended them to others.
Roundtable: What are the main operational benefits of using Roundtable?
Eric van der Kleij: The core benefit is that Roundtable is a fully digital, compliant platform that I fully trust and can be sure it would hold up to any audit or regulatory scrutiny. I'm confident that all KYC and KYB records are properly maintained and documented. Paired with the digital experience itself, it's a significant step forward from the traditional, paper-heavy way these transactions used to be handled.
Roundtable: Does Roundtable help in any way with international investments?
Eric van der Kleij: Yes. More specifically, the feeder structure is particularly effective for helping European investors gain exposure to international deals while remaining within their familiar regulatory environment. It avoids additional reporting obligations in other jurisdictions, which is often a key reason investors choose a feeder in the first place.
Roundtable: Do you consider this collaboration a success? Do you plan to continue working with Roundtable?
Eric van der Kleij: Yes, absolutely, to both questions. It's a tough and competitive market, so as long as the team continues to surprise and delight us, we'll keep using Roundtable.
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