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§ Venture Capital · London, United Kingdom
London venture capital firm investing £250K-£1M in pre-seed stage startups disrupting work, play, and learning sectors.
Concept Ventures is a London-based venture capital firm that provides early-stage funding to pre-seed startups operating across the traditional work, play, and learning sectors. The firm typically writes initial checks ranging from £250,000 to £1 million to support emerging technology companies, offering flexible capital and operational resources to guide founders through their Series A rounds. Operating as the largest dedicated pre-seed fund in the United Kingdom, the organization manages a £54 million investment vehicle and has backed more than 50 early-stage companies to date. The firm recently expanded its capital base by closing the Concept VC II fund in September 2025 and committing to Onstage Fund I. The firm's active investment portfolio includes recognizable technology startups such as ElevenLabs, ArgoX, MindMax, and Architect. Concept Ventures was founded in 2018 by Reece Chowdhry and Jeff Chowdhry.
Key people at Concept Ventures.
Key people at Concept Ventures.
Concept Ventures is the UK's largest dedicated pre-seed venture capital fund, founded in 2018, with a £54 million fund focused on investing in early-stage startups that disrupt traditional industries related to work, play, and learning. Their mission centers on supporting founders at the earliest stages with flexible, founder-first funding—offering initial investments up to £750,000 and participation in rounds up to £2 million, with reserves for follow-on funding through Series A and beyond. They emphasize transparency, flexibility, and a values-led approach, including pledging 1% of their carry pool to charities chosen by founders. Concept Ventures primarily invests in software, SaaS, AI, and machine learning startups, playing a crucial role in advancing innovation in these sectors across the UK and Europe[1][2][4].
Founded by a team including partners such as Jeff Chowdhry, Oliver Kicks, and Ariel Rahamim, Concept Ventures has evolved to become a key player in the pre-seed ecosystem by backing over 60 companies, including notable unicorns like Elevenlabs. Their origin story reflects a commitment to investing "uncomfortably early," focusing on conviction in founders' concepts rather than waiting for traction. This approach has attracted a network of founders who often reinvest in the fund, creating a virtuous cycle of founder support and community building[1][4][5].
Concept Ventures rides the wave of increasing demand for early-stage capital in technology sectors that are reshaping how people work, play, and learn. The timing is critical as digital transformation accelerates across industries, and pre-seed funding is recognized as essential for seeding breakthrough innovations. By providing flexible, founder-friendly capital at the earliest stages, Concept Ventures helps lower barriers for ambitious entrepreneurs, influencing the broader ecosystem by nurturing startups that often become market leaders or unicorns. Their emphasis on software and AI aligns with global trends toward automation, remote work, and personalized learning experiences[1][2][4].
Looking ahead, Concept Ventures is poised to continue expanding its influence as Europe's largest pre-seed fund, likely increasing fund sizes and follow-on support to maintain leadership in early-stage investing. Trends such as AI integration, hybrid work models, and digital education will shape their portfolio focus. Their founder-centric, flexible approach positions them well to attract innovative startups that challenge traditional industries. As more founders from their portfolio become investors, Concept Ventures may deepen its community-driven model, amplifying its impact on the startup ecosystem and fostering a new generation of tech leaders[4][1].
Concept Ventures has more than 26 tracked investments across 26 companies. The latest tracked deal is $1.7M Pre-Seed in Tattvam AI in February 2026.
