Edgy / Growth & secondaries

Capital and liquidity for the next stage.

Bilateral processes for growth-stage primaries, founder and employee secondaries, and GP- and LP-led secondaries. €20M+ deals, deep tech and AI focus.

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€20M+
Typical mandate size, growth primaries and secondaries.
4
Capital pools we tap: growth equity, sovereign wealth, family offices, dedicated secondaries.
What we do

Two products, one mandate engine.

Whether you need new capital into the company or liquidity for existing shareholders, the underlying network is the same. The structure is what changes.

Growth primaries

New capital, structured properly.

Series B+ rounds where the lead investor needs to be sourced bilaterally rather than through a broad fundraise. We focus on conviction-led processes that protect valuation and structure.

  • StageSeries B and beyond
  • Typical size€20M – €100M+
  • ProcessBilateral, not auctioned
Secondaries

Liquidity without dilution.

For founders, early employees, and early VCs who want partial liquidity without forcing a primary round. Direct secondaries with sourced buyers, structured deals with staged payments where needed.

  • TypeDirect, fund-mediated, tender
  • Typical size€10M – €100M+
  • PricingNAV-based with discount
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Investor universe

Who we run processes with.

Not the same VCs you've already pitched. Growth and secondaries pull from a different pool of capital, with different return expectations and time horizons.

Growth equity

EU and US growth funds writing €20M+ checks into Series B+ deep tech and defense companies. Focused on capital efficiency, unit economics, and credible path to profitability or exit.

EU · US · Selective Asia

Sovereign wealth

Strategic capital from Gulf and Asian sovereigns. Patient timelines, often co-investing alongside lead funds. Particularly relevant for energy, defense, and frontier infrastructure.

Gulf · Asia · Single LP tickets

Family offices

European and global family offices with long-duration capital. Often ideal for secondary positions and structured deals where venture funds can't or won't transact.

Single family · Multi-family

Dedicated secondaries funds

Direct, tender, and fund-of-funds secondaries specialists. Buying LP positions, founder shares, employee equity, and entire fund interests in growth-stage names.

Direct · Fund-of-funds · Tender
How we work

Four steps, start to close.

Capital markets advisory isn't a 7-step founder coaching program. It's a tight bilateral process run with specific counterparts. Speed and discretion matter more than volume.

01

Mandate scoping

We sit down with you to understand the company, the cap table, and what success looks like. Pricing analysis, comp benchmarking, structuring options. By the end, you have a clear view of what's actually achievable in the current market.

02

Buyer and investor sourcing

We tap into our network of growth equity, sovereign wealth, family offices, and dedicated secondaries funds. Bilateral approach with named counterparts, not broad outreach. Discretion is the default, not a feature.

03

Term negotiation

We run the process to a term sheet. Pricing, payment structure, governance, staged payments where appropriate. Where possible, we engineer competing offers to optimize terms rather than accept the first bid.

04

Execution to close

We manage the DD process, work alongside legal, and stay in the deal until wires hit. The job isn't done at term sheet, and we don't disappear after one is signed.

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Selected mandates

Recently closed.

Sell-side and buy-side advisory across growth primaries and direct secondaries.

Series C+ Prime

Tensordyne

Sunnyvale, CA & Munich-based AI infrastructure company. Edgy ran the growth-stage capital raise to close, with counterparts spanning US growth equity and Gulf sovereign capital. Deal structured with staged payments.

Round size
€30M
Sector
AI infrastructure
Role
Sell- & buy-side advisor
Series B

TIKO

€20M Series B · Real estate, proptech, B2B2C marketplace.

Secondary · Buy-side

Groq

$10M secondary purchased at $6B pre-money. Exited at $20B for our LPs.

Series A

Recursive SuperIntelligence

$650M Series A · AI / compute infrastructure.

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About
Deniz Palo, founder of Edgy

Built for capital markets, not coaching.

Most fundraise advisors live in the founder-coaching world: pitch decks, intro emails, the same 100 European VCs. That's not the right tool for growth-stage primaries or secondaries.

Edgy runs a different playbook. Bilateral processes, named counterparts, structured deals, multi-jurisdictional execution. Our network reaches into US growth equity, Gulf sovereign wealth, European family offices, and dedicated secondaries funds.

If you're a founder, shareholder, or fund considering a Series B+ raise, a liquidity event, or a position in a European deep tech name, we'd like to hear from you.

Deniz Palo · Founder, Edgy
Discuss a mandate

A discreet 30-minute call.

Tell us about the situation. We'll tell you whether we can help — and what running the process would look like.

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