Fund profile / United Kingdom

Baobab Ventures Fund I

Stage
Pre-Seed
Fund size
€13M
Focus
AI/ML, Deep Tech, Defense and Robotics & Automation
Signals
Published
Share
N°01 / About

About Baobab Ventures Fund I

ElevenLabs investor launched this London-based solo-GP fund. Oversubscribed, backed by Cendana and Isomer. Plans ~€300k initial tickets, deploying half in Europe and half in US.

N°02 / Thesis

Investment Focus

Location / RegionUnited Kingdom
Funding StagePre-Seed
Industry Focus
AI/ML
Deep Tech
Defense
Robotics & Automation

Investor Signals Profile

active

Sweet Spot

Technical founders building AI, robotics or defence tech at pre-seed seeking operator-experienced first believer

AI-native
robotics
defence & dual-use
deeptech infrastructure
pre-seed/seed

Bullish Signals

First investor in ElevenLabs signals elite early-stage pattern recognitionblog
$15M fund intentionally sized for precision, high founder engagement guaranteedblog
Solo GP structure enables extremely fast decisions without committee frictionblog
Active GTM exec at ElevenLabs — still building, not just investingwebsite
70+ angel bets pre-fund; includes Revolut, HappyRobotwebsite
Operator pedigree: Uber EMEA, Tractable (unicorn), Sonantic (Spotify acq.)website
Portfolio includes Vsim, Theker Robotics, Volumetric Bio, Murphy AIwebsite
Explicitly targets global teams from day onewebsite
Focus on reaching 'Momentum' — operator-defined early milestonewebsite
Backs teams where GP can accelerate Momentum directlywebsite
Empowers early-stage deep-tech founders to reach Momentum quicklylatest
Momentum wheel is hardest part; only thing that matters earlyfresh_website
Carles experiences real building problems across world as GTM execwebsite_fresh
GP continues active GTM leadership at ElevenLabs (Unicorn)new_content
Operator-turned-investor model ensures real-world problem alignmentnew_content

Contrarian Signals

Rejects thin SaaS wrappers and non-technical business models entirelyblog
Limited follow-on capacity; not a full-cycle capital partnerblog
Very selective volume; most founders will not fit thesisblog
GP still active operator — bandwidth split between investing and exec rolewebsite

Founder Do's

Highlight deep technical moat and defensibility clearly
Show global distribution ambition from day one
Demonstrate founding team's technical credibility
Signal intent to raise institutional capital in follow-on rounds
Pitch with speed and precision, not polished perfection

Founder Don'ts

Do not pitch non-technical SaaS or consumer plays
Avoid incremental roadmaps without transformative ambition
Do not rely on Baobab as sole long-term capital source

28 signals on Baobab Ventures Fund I

15 bullish · 4 contrarian · 5 pitch do's · 3 don'ts · 1 GP profile, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€13M
Saves0
People

Key People

Carles Reina

Carles ReinaManaging Partner
Backers

Known LPs

Cendana CapitalFund-of-Funds
Isomer CapitalFund-of-Funds
N°04 / See also

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