Early Deliveroo investor Hoxton Ventures is set to lose one of its founding partners

European venture capital firm Hoxton Ventures, a backer of some of the U.K.'s best-known tech unicorns, is set to lose one of its founding partners.

Rob Kniaz, who co-founded Hoxton in 2013 with Hussein Kanji, is in talks with institutional investment firms about establishing a new venture capital fund focusing on deep tech investing, sources familiar with the matter told CNBC.

Kniaz's departure is not imminent and he will continue managing the $215 million fund the firm raised last year as he prepares to eventually exit to focus on his new VC firm, according to the two sources, who preferred to remain anonymous as the information has not yet been made public.Kanji and Kniaz, two Americans who moved to the U.K. to invest in European startups, have backed some of the country's most notable unicorns.

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