VHV invests via a pre-IPO club deal in Erebor Bank
In April 2026, VAN HAL Ventures (VHV), alongside a group of 15 global entrepreneurs and investors, participated in a pre-IPO investment in Erebor Bank through an SPV club deal.
The Series B financing valued Erebor at USD 4 billion pre-money, alongside investors including Founders Fund (Peter Thiel), Palmer Luckey (Anduril), Joe Lonsdale (Palantir), and Jeff Morris (Tinder).
Erebor is a digital bank purpose-built for AI, defense, crypto, and next-generation technology companies—sectors that are growing significantly faster than traditional banking infrastructure can support today.
Designed as a tech-native financial platform, Erebor combines modern treasury management, real-time global payments, digital asset infrastructure, stablecoins, and lending solutions for innovation-driven businesses. In the wake of Silicon Valley Bank’s collapse, Erebor is positioning itself as a potential financial backbone for the next generation of technology companies.
This investment reflects our continued conviction in the infrastructure powering the innovation economy and the technologies shaping the future of global markets.
