Alexandru Ruff
Partner
Analyst signals
Metrics use all recorded activity through 21 Jul 2026 across series a. Later-round outcomes are capped at the period end.
These are activity signals, not fund-return metrics. Round capital is the full disclosed financing amount, not this fund's check size. “Recorded solo” means only one investor is present in the source data and is a lead signal, not verified lead status; syndicated rounds are a co-investor or follower signal. IRR, TVPI, DPI, ownership, exits, and market beta cannot be calculated from the available records.
People
Partner
Partner
Founding Partner
Reporting & Compliance Officer
Senior Associate
Investment Director
Founding Partner
Portfolio
Full financing histories for portfolio companies. Highlighted rounds are those where gapminder-vc is recorded as an investor.
Machinations is a game economy and systems design platform that lets studios turn words into playable, simulatable diagrams using AI. It serves game studios and Web3/tokenomics teams designing gamification, finance systems, and token ecosystems, helping them stress-test and balance economies before shipping.