Playfair Capital

Playfair is a London-based generalist, sector-agnostic VC fund investing exclusively at pre-seed stage in UK and European technology startups. They take a high-conviction, low-volume approach — making 6–8 investments per year from their £57m Fund 3 — writing cheques from £100k (angel rounds) up to £1.5m (largest pre-seed rounds), with an average ticket of £700k–£1m. They prefer to be the first institutional investor and typically lead or co-lead rounds. 60% of the fund is reserved for follow-on capital to support portfolio companies through Series A. They are open to all technology verticals and seek founders outside dominant tech hubs.