Pawel Chudzinski

Who they are

Pawel Chudzinski is Co-Founder and Managing Partner at Point Nine Capital — co-founded the firm with Christoph Janz in 2011 and completed an Executive Course at the International Space University in 2024.

Person

Pawel joined Point Nine Capital in 2011, co-founding it with Christoph Janz at a moment when Berlin's startup scene was still finding its footing as a serious tech hub. Before that, he was at Team Europe Ventures as a Partner and Investor, one of Berlin's earliest startup builders and backers. Earlier still, he did M&A and corporate finance as an Associate at Greenhill & Co., the kind of deal-table training that sharpens how you size a market and read a cap table. He graduated from HHL Leipzig Graduate School of Management with a Dipl-Kfm. (MSc) in 2005, and in May 2024 he completed an Executive Course in Space at the International Space University — a signal that his curiosity runs well past SaaS. He co-founded Point Nine Capital, a Berlin-based seed-stage VC focused on B2B SaaS and marketplaces. He keeps a blog at pawel.ch, writing about venture capital, European startups, and bitcoin, and has spoken at NEXT Conference, Startup Camp Berlin, Infoshare, and CC Builders Forum. The through-line is a move from transactional finance into company-building, then into institutionalising early-stage European VC — each step closer to the founding moment.

Company

Point Nine's most recent public move was participating in Attio's $52M Series B in August 2025 — backing an AI-native CRM, a pointed bet that the CRM category is being rebuilt from scratch for the AI era. Around the same time the firm joined a $7.5M seed round for Amenitiz in July 2025, consistent with its early-stage mandate. Point Nine positions itself as the first institutional investor for 'v0.9 stage' founders — the gap between angels and traditional VCs — and runs as a small equal partnership with 4 general partners, each managing 6–8 portfolio companies. The firm has $672.7M in total known invested capital and has backed names including Algolia, Contentful, Delivery Hero, Loom, and Zendesk over its history.

Market

Point Nine operates in the seed and early-stage VC segment for B2B SaaS, marketplace, and AI-driven software companies, competing for deal access against other European seed funds and the European arms of US firms. Its portfolio alumni — Zendesk, Delivery Hero, Loom, Algolia — give it credibility as a brand signal for European founders, but the firm stays small by design, which limits deal volume. The current market shift toward AI-native software is clearly influencing its thesis, as evidenced by the Attio and Langdock bets.

Network

Pawel co-founded Point Nine with Christoph Janz and Kolja Hebenstreit, and the current partnership includes Rodrigo Martinez and Ricardo Sequerra Amram. He actively posts about portfolio companies Reonic and Langdock, suggesting hands-on engagement with those founders.

Christoph Janz· Co-Founder, Point Nine Capital
Kolja Hebenstreit· Co-Founder, Point Nine Capital
Rodrigo Martinez· Partner, Point Nine Capital
Ricardo Sequerra Amram· Partner, Point Nine Capital

How they likely show up

Long tenure at Point Nine since 2011 (co-founder from day one) → thinks in fund cycles and decade-long founder relationships, not quarterly metrics.
M&A background at Greenhill & Co. before VC → likely sharp on deal structure, valuation discipline, and what bad terms look like at the table.
Small equal partnership model (4 GPs, each managing 6–8 companies) → operates with high autonomy per partner; decisions probably don't require a committee.
Blog at pawel.ch covering VC, European startups, and bitcoin → comfortable sharing opinions publicly; Possibly — responds well to direct intellectual exchange rather than small talk.
Executive Course in Space at International Space University in 2024 → signals intellectual curiosity well outside his day job; not someone who stays in one lane.

Conversation tips

→ Reference a specific post from pawel.ch — it signals you've done the work and gives him something concrete to react to.
→ Ask about the v0.9 stage positioning — it's a deliberate identity choice for Point Nine and he'll have a sharp answer on why that gap matters.
→ Bring a view on AI-native software, not just a question — the Attio bet shows he's already thinking there, and he'll engage more with a take than a prompt.
→ The Space course is fair game as an opener — it's recent, unusual for a SaaS investor, and he put it on his LinkedIn, so he's not shy about it.

Toolbox

Openers

Open on the Attio Series B in August 2025 — Point Nine backed an AI-native CRM at $52M, which is a specific thesis bet that the CRM layer is being rebuilt; worth asking what he's seeing that made that conviction clear.
Reference the International Space University Executive Course in May 2024 — completing a space course as a managing partner of a SaaS VC is unusual enough to be a genuine conversation starter about where he thinks computing and infrastructure are heading.
Mention his blog at pawel.ch — he writes about VC, European startups, and bitcoin, and naming the site specifically signals you've actually read it rather than skimmed his LinkedIn.

Discovery questions

Point Nine positions itself as the first institutional investor for v0.9-stage founders — how has that positioning held up as seed rounds have ballooned in size over the last few years?
The Attio and Langdock bets both point toward AI-native software — is the thesis shifting, or is this just the same 'best B2B SaaS' lens applied to a new stack?
You've been running the firm since 2011 with a small partnership model — what breaks first when you try to scale that structure, and why have you chosen not to?

Avoid

Don't pitch European VC as an untapped opportunity — he's been building in Berlin since 2011 and will have heard every version of that framing.

Make it yours