Concept Ventures is a London venture capital firm that invests at pre-seed in UK and European startups. It is sector-agnostic, writes first cheques of up to $1.5M and keeps reserves to follow on into later rounds. It closed an $88M second fund and has backed more than 50 companies, including ElevenLabs, Wayve and FACEIT.
Investment thesis
Backs founders at the conceptual, pre-seed stage before market validation, tailoring its approach to first-time versus repeat founders rather than to specific sectors, and keeping reserves to follow on into later rounds.