Rob Moffat

Partner at Balderton Capital in London. We are a multistage venture firm backing the best founders in Europe from seed to IPO. Formerly Google & Bain.

[James Wise @Jameswise]

There are already 19,780 jobs live on the free jobs portal we just launched for start-ups based in the UK & Europe!

There's no doubt AI is creating more jobs, but they will be different.

In the era of the PC, and the internet, it was the people who jumped in and worked out how to get the best from these new technologies that benefitted the most - the same will be true in the AI era ( of people, as well as countries ).

So do check out some of the roles in these mostly AI-first companies, great places to get experience or build an entrepreneurial career.

[Rob Moffat @robmoff]

SaaS (per seat) revenue is better than transactional revenue. Usage based revenue is better than SaaS revenue. But transactional revenue = usage-based revenue. Am I the only VC who sees the contradiction here?

[Rob Moffat @robmoff]

At @balderton we launched #builtineurope to bring more positivity and excitement around everything that great founders are building across Europe. Also to encourage more people to work in startups - see a full directory of startup jobs here: https://t.co/oob94a7vDt

[Wayve @wayve_ai]

Proud to be part of @balderton's #BuiltInEurope campaign, celebrating the best of European tech and the world-class companies that are thriving in Europe, right now.

https://t.co/AOMawNCXJF

[James Wise @Jameswise]

For over twenty years, @balderton has backed British & European entrepreneurs to build breakout technology companies. And there has never been a better time to do it.

More people than ever are interested in founding companies, in joining start-ups, and in taking on some of the biggest challenges of our time with technology, from energy to health, defence to finance, building from here to win globally. And AI is making it easier than ever to get going.

But there's a big gap with this positive movement, and the general coverage of the tech sector here, one which often suggests you can't or shouldn't try to start a business.

Today we've launched a campaign to help change that. It is a public celebration of some of the founders driving the frontiers of tech, and a digital portal providing support to potential founders and access to 1,000s of open roles at start-ups.

Yes there are challenges, and there always will be. But that didn't stop some of the founders that went before. We hope this helps nudge the conversation, and inspires a few more people to take the risk.

[Alan Chang @alanchanguk]

AI data centre electricity demand rose by 17% in 2025; nearly six times faster than overall global electricity growth.

By 2030, AI-specific demand is projected to triple.

There is no AI race without an energy race underneath it.

China understands this clearly.

They are building solar, wind, nuclear, coal, gas. All of it, simultaneously, at enormous scale.

Meanwhile, much of the West still treats energy infrastructure as something to ration, delay, or optimise around scarcity.

The countries that win in the AI era are the ones with the most power.

[Barney Hussey-Yeo @Barney_H_Y]

Why would any founder stay in the UK if you did this?

Absolutely everything would push you to start, scale and list your business in the US.

I don’t think Wes realises the biggest competitive advantage the UK has over California today is capital gains tax.

Do this and say goodbye to any hope of reversing the stagnation.

[James Wise @Jameswise]

The UK is already seeing the benefits of being an AI hub. But we’re not doing a good enough job of explaining the opportunity ahead.

I wrote for @thetimes today on being an ambitious nation again - and the need to fight the AI doomers.

We had similar opportunities in the internet era, but failed to seize on them. We can’t miss again.

[James Wise @Jameswise]

Great to see @OpenAI double-down again on the UK with the acquisition of Tomoro to build out their $4B deployment company.

Founded in Edinburgh & London with a presence in Manchester and Glasgow, worth checking out their open positions as I imagine they're about to expand alot!

[Rob Moffat @robmoff]

Excited for https://t.co/2ttzu1kiVO to go live with Gaudi-1 their first proprietary model for automated architectural generation. Very happy to invest with @balderton and @HeartcoreCap https://t.co/rfGXaqnsBN

[Enis Hulli🎙 @EnisHulli]

17 investments in 3 months. All Fund III 💙 @e2mindset
Conviction built over the past year
All under @arinozkula's watch

Launched our €100M Fund III in January.

Most funds take a breath after raising. We didn’t.
Some call it spray and pray.
Not sure which part is doing the work.

9 bridging to SF (all AI)
5 Turkish mobile gaming
3 outside thesis because great founders don’t always fit neatly into one

Looks chaotic from the outside.
Feels obvious from here.

Opening our SF office soon (South Park)

Punching above our weight.
Trying to become the default bridge between this region and SF.

[Bill Gurley @bgurley]

https://t.co/X3MLBWJNMo

[Caitlin Bolnick Rellas @caitlinbolnick1]

I really hate this post, mostly because I think it’s true and a sad commentary on the current state of market. Herd behavior overwhelmingly driving decisions.

[Barney Hussey-Yeo @Barney_H_Y]

It's pretty insane how different running a company has been over the last three months.

Claude code CLI is now the command interface for everything.

Everything is connected and accessible via MCPs.

Software is bespoke and instant.

This moment feels far far more important than the world waking up to gpt3.5.

[Rob Moffat @robmoff]

What excuse are OpenAI going to find to block this?

[Ejaaz @cryptopunk7213]

anthropic fucking killed it with this. so many people will start using claude.

new feature lets you import your *entire* memory from chatGPT, Gemini etc into Claude so it *instantly* knows everything about you. no more reminding claude who you are.

the best fucking part is it takes literally 60s:

- copy and paste the below prompt into your alternative AI (eg chatgpt)

- paste answer into claude’s “memory” settings and… you’re done.

- Claude immediately picks up from the last conversation you had with it in chatgpt!

the opportunity cost to switch to anthropic just went to zero - their app is currently #1 in the app store

[Rob Moffat @robmoff]

@EnisHulli Agave board dinner is on you next time in Istanbul :-)

[James Wise @Jameswise]

Huge congrats to @wayve_ai on some big technical & commercial milestones. As Alex sets out - this is the boldest approach of any autonomous software lab. It’s not going to be easy, but being contrarian & right is what Alex does.

Started in the UK, winning everywhere.

[Matt Shumer @mattshumer_]

https://t.co/ivXRKXJvQg

[Sebastiaan Debrouwere @iamsebdeb]

https://t.co/sSVtKHQS2x

[Christopher Ahlberg @cahlberg]

This week's threat briefing? What's missing? What should change? Asking for a distant cousin.