What Concept Ventures does

Concept Ventures is a London-based venture capital firm founded in 2018 that operates as a pre-seed and seed-stage investor focused on UK and European technology startups. The firm runs two founder-targeted investment tracks — a First-Time Founder Programme and a Repeat Founder Programme — both offering up to $1.5 million in first-round capital with standardized terms designed to minimize negotiation friction. Its flagship vehicle, Fund II, closed at €75 million in September 2025, making it Europe's largest dedicated pre-seed fund; the round was oversubscribed with over 80% institutional backing from U.S. investors. The firm plans to deploy Fund II across up to 50 early-stage startups with an average check size of approximately $1 million.

The firm's core differentiator is a "Founders Supporting Founders" LP model, in which more than 70% of portfolio founders reinvest as limited partners into subsequent funds. This creates a network flywheel in which successful founders provide deal flow, diligence support, mentoring, and follow-on capital to the next cohort. The fund operates with a six-person investment team based in London's Belgravia district (Reece Chowdhry, Oliver Kicks, Jeff Chowdhry, Seyon Indran, Ariel Rahamim, Anrea Munsamy) and is authorized and regulated by the UK Financial Conduct Authority (FRN: 939163) as Concept VC Limited. Distribution is primarily through direct website applications, portfolio founder referrals, and institutional co-investment networks.

Revenue mechanics follow standard European venture capital economics: management fees (typically ~2% of committed capital) on the €75M Fund II plus any prior vehicles, with carried interest on fund profits above the hurdle. Concept Ventures does not charge portfolio companies. Documented portfolio outcomes include ElevenLabs ($11B+ valuation), Treefera ($130M+ Series B), Vsim ($100M+ Series A), and Arondite ($10M seed led by Index), with more recent AI-focused investments in Anam.ai, Archestra, Sohar Health, Antidote, Dex, and Connectome.

Name

Concept Ventures

Legal name

Concept VC Limited

Website

https://conceptventures.vc

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Short description

Concept Ventures is a London-based pre-seed and seed venture capital firm investing up to $1.5M in first rounds across UK and European technology startups, with separate tracks for first-time and repeat founders. Fund II, Europe's largest dedicated pre-seed fund at €75M, is backed 80%+ by U.S. institutional investors and 70%+ by the firm's own portfolio founders.

Ownership category

akta.pro rank

Product category

Pre-Seed Venture Capital

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Early-Stage Venture Capital (Pre-Seed/Seed) (FSANAAAA)

akta.pro secondary industry

Emerging Manager / Seeding Platforms (Multi-Manager) (FSANAGAF)

Keywords

• Pre-seed venture capital
• Early-stage startup funding
• Seed-stage investments
• Founder-focused funding
• Venture capital firm

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Venture Capital Fund Management: Generates returns through equity investments in early-stage startups, collecting management fees and carried interest from fund performance

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Concept Ventures is a London-based venture capital firm operating Europe's largest dedicated pre-seed fund (€75 million Fund II). The firm provides early-stage capital of up to $1.5 million in first rounds to UK and European startups, tailoring its offering through two investment programmes—one for first-time founders with hands-on support and one for repeat founders seeking fast, low-friction capital. The firm earns returns through equity investments, charging traditional VC management fees and carried interest.

Product overview

Concept Ventures operates as a venture capital firm offering a single unified investment product structured as a pre-seed fund. The firm provides Fund II as its primary offering—a €75 million pre-seed fund that is Europe's largest dedicated pre-seed fund. Investments are structured around two founder programmes: a First-Time Founder Investment Programme offering up to $1.5 million with comprehensive support, and a Repeat Founder Investment Programme for experienced founders seeking faster capital deployment. The fund targets early-stage startups across the UK and Europe, with over 80% institutional backing from U.S. investors and more than 70% of portfolio founders participating as limited partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Concept Ventures Fund II
• First-Time Founder Investment Programme
• Repeat Founder Investment Programme

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Scale indicators8 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Connect Ventures: London-based early-stage VC investing at pre-seed and seed in European product and technology startups. Comparable through shared pre-seed focus and London footprint.
• Kindred Capital: London-based pre-seed and seed VC with an EQT-backed fund-of-LPs structure. Direct peer given shared pre-seed stage, London HQ, and documented co-investment activity with Concept Ventures.
• Speedinvest: Vienna-based early-stage VC with multiple sector-specific funds across Europe. Comparable as a large multi-sector European early-stage investor at overlapping stages.
• Seedcamp: London-based early-stage VC investing across pre-seed and seed in European technology startups. Direct peer given overlapping stage focus, geography, and founder-first investment philosophy.
• LocalGlobe: London-based pre-seed and seed VC focused on UK and European founders. Directly comparable as a dedicated early-stage fund with similar check sizes and conviction-led thesis.
• Episode 1: UK pre-seed VC investing in early-stage technology companies across the UK. Directly comparable given pre-seed focus, UK base, and founder-centric investment model.
• Hoxton Ventures: London-based pre-seed and seed investor backing European technology startups. Comparable through shared stage focus, London HQ, and similar check-size bands.

Broad incumbents

• Atomico: London-headquartered late-stage European technology VC that has expanded earlier. Relevant peer as a broader European tech investor whose move upstream increases competitive overlap.
• Index Ventures: Global venture firm with deep European roots investing across stages. Comparable as a large incumbent increasingly active at seed/Series A and a documented co-investor (Arondite).
• Octopus Ventures: UK-based venture arm of Octopus Group investing across seed to growth in European tech. Comparable as a UK-headquartered multi-stage investor with documented co-investment alongside Concept Ventures.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/ConceptVC_
• LinkedInlinkedin.com/company/conceptvc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments109 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Concept Ventures