Investor profile

Concept Ventures logo

Concept Ventures

GBDEFRESNLSEIEOtherAI/MLFintechB2B SaaSDeep TechCybersecurityConsumerHealthtechClimateEnterprise

See how your deck fits this investor's thesis, stage, and ticket size.

Analyse your fit

Investment thesis

Concept Ventures is Europe's largest dedicated pre-seed fund, investing up to $1.5m as the first meaningful cheque on a cap table — often before a product, a customer, or even a name on Companies House. The firm is explicitly generalist and stage-specialist: 'No verticals. We're generalist investors, but pre-seed specialists.' It backs both first-time founders 'finding their feet' and repeat founders 'chasing something bigger,' focusing on four founder archetypes — PhD types, Big Tech spinouts, unicorn spinouts, and second-time founders — and prioritising obsession, grit, and raw potential over traction or polish. Fund II ($88m, closed September 2025) will back up to 50 companies across Europe over four years, building on Fund I's track record of 100+ investments and a top-1% vintage globally. The firm's manifesto states: 'Pre-seed was never a placeholder. It's the point. We don't wait for consensus. We don't need traction to believe. You just need a Concept — and the conviction to chase it.'

Notable quotes

As outsiders to VC, we've always believed pre-seed investing requires true specialists – partners who can spot and support founders before the wider market sees their potential. This close cements our position as Europe's largest dedicated pre-seed fund and gives us the firepower to keep saying 'yes' at the very beginning of a founder's journey.

Reece Chowdhry · UKTN / Concept Ventures Fund II announcement · 2025-09-30

We're seeing a proliferation of VC funds who typically wouldn't have done pre-seed. But they're going for known quantities — alumni of well-known companies, founders they've met before. We prefer to invest in unknown quantities.

Reece Chowdhry · Sifted – 'Concept Ventures raises Europe's biggest pre-seed fund, at $88m' · 2025-09-30

Building Concept with you as outsiders to VC has been my greatest joy. From late nights to tough decisions, from wins to crises — sharing those highs and lows with you has shaped a people-first fund that truly reflects who we are.

Reece Chowdhry · LinkedIn – Concept Fund II launch post · 2025-09-25

Team

Reece Chowdhry

General Partner (Founding)

AI/MLConsumerDeep TechB2B SaaS

Oliver Kicks

General Partner

AI/MLFintechB2B SaaSConsumer

Jeff Chowdhry

General Partner

FintechEnterpriseB2B SaaS

Seyon Indran

Principal

AI/MLDeep Tech

Ariel Rahamim

Principal

AI/MLB2B SaaS

Anrea Munsamy

Associate

AI/MLConsumer

Recent investments

CompanyRoundSizeDate
ElevenLabsPre-seed2022-01-01
Monzo BankPre-seed
VSim TechnologyPre-seed2023-01-01
TreeferaPre-seed
AronditePre-seed2024-01-01
AnamPre-seed
ZeltPre-seed
JigcarSeed$3m2025-10-07
Tattvam AISeed$2m2026-02-25
Dex TalentSeed$5m2026-04-01

Frequent co-investors

Fit check

Is Concept Ventures a match for your startup?

Upload your deck and get an instant AI-powered fit analysis — see exactly how your startup aligns with this investor's thesis, stage focus, and ticket size.

Analyse your fit