BACKED VC

BACKED VC is a London-based, human-centric venture capital firm primarily focused on Seed-stage investments across Europe. Established with a philosophy emphasizing founder support beyond mere capital, the firm has progressively grown its capital base, demonstrating an increasing commitment to the European startup ecosystem. Their investment thesis centers on backing exceptional founders, reflecting their core "human-centric" approach, which prioritizes the individuals behind the innovations.

The firm typically deploys initial cheques ranging from €1 million to €3 million, which translates to approximately $1.08 million to $3.24 million USD, based on recent exchange rates. This initial investment is complemented by a significant reserve of follow-on capital, allowing BACKED VC to support their most promising portfolio companies through subsequent funding rounds as they scale. While sector-agnostic, their focus remains steadfast on early-stage opportunities with high growth potential across the continent.

BACKED VC's growth trajectory is evident in its successive fund sizes. The firm launched with a $30 million Fund I in 2015, followed by a $75 million Fund II in 2018, and most recently, a $150 million Fund III in 2022. This cumulative capital base underscores their expanding capacity to back early-stage European ventures. Beyond financial investment, BACKED VC distinguishes itself through dedicated platform support, assisting founders with critical areas such as talent acquisition, strategic advice, and subsequent fundraising efforts, aiming to foster long-term partnerships and maximize portfolio company success.