Fund profile / United Kingdom

Concept Ventures Fund II

Geography: United Kingdom
Stage: Pre-Seed
Fund size: $88M
Focus: AI/ML, Climate & Sustainability, Consumer & Commerce and Enterprise Software
Signals: Published

N°01 / About

About Concept Ventures Fund II

Pre-seed focused on SaaS, AI, Future-of-Work, Climate, B2B, Consumer Innovation

N°02 / Thesis

Investment Focus

Location / RegionUnited Kingdom

Funding StagePre-Seed

Industry Focus

AI/ML

Climate & Sustainability

Consumer & Commerce

Enterprise Software

SaaS

Investor Signals Profile

active

Sweet Spot

Ambitious European pre-seed founder with bold AI conviction & domain expertise

pre-seed-only

Europe & UK

AI infrastructure

agent stack

founder-conviction

robotics

supply-chain AI

real-time avatars

deep technical domains

Bullish Signals

Fund II closed oversubscribed in under three weeks at $88Mblog

100% of Fund I companies that went to market closed their next roundblog

ElevenLabs backed at pre-seed, now valued at $6.6Bblog

80% U.S.-based LPs signal strong transatlantic confidence in European pre-seedblog

Co-hosted 70+ investor dinner with Atomico & J12linkedin

Active AI/data founder community events in Londonlinkedin

Portfolio co Dex raises $5.3M Seed led by Notion Capitallinkedin

Dex customers include ElevenLabs, Lovable, Attio, Synthesialinkedin

Deep institutional focus on agentic cloud stack evolutionlinkedin

Hugo Hazon publishing thought leadership on AI infrastructure prioritieslinkedin

70% of portfolio founders now backing next generation as LPswebsite

Portfolio includes ElevenLabs ($11B), Synthesia unicorn statuswebsite

Europe's largest pre-seed fund with conviction-first approachwebsite

Portfolio companies: robotics, AI, supply-chain, real-time avatarswebsite

Manifesto: pre-seed is the point, not a placeholderwebsite

Synthesia unicorn CEO backing next-gen founders as LPwebsite

Playter portfolio company acquired by Shawbrook Bank recentlywebsite

Portfolio spans dubbing, supply-chain AI, robotic simulation, avatarswebsite

NVIDIA researcher-founded portfolio company hit $100M+ valuation Series-Awebsite

Founder cohort includes 2x exited founders, serial entrepreneurs, domain expertswebsite

Husband & wife team portfolio company raised $130M+ Series-B supply-chain AIwebsite

Portfolio startup raised $10M Seed led by Index Ventures recentlywebsite

Real-time avatars conviction: portfolio company raised $9M Seed roundwebsite

Childhood friends team built dubbing player to $11B valuationwebsite

Contrarian Signals

Sector-agnostic — no specific vertical gets priority treatmentblog

Pre-seed only — larger or later-stage deals explicitly out of scopeblog

Europe-first framed as GTM wedge, not fallbacklinkedin

Different playbooks for first-time vs repeat founderswebsite

Standard terms, streamlined process — no complex negotiationwebsite

Tailored founder journeys: first-time vs experienced paths divergewebsite

Founder backgrounds vary: PhDs, exited founders, domain researcherswebsite

Founder Do's

Pitch at the earliest concept stage, before traction

Expect Concept to lead your round — welcome that dynamic

Highlight ambition and boldness of the idea, not just metrics

Leverage the founder community — 70%+ of portfolio are LPs

Build agent infrastructure solving data movement & semantic understanding

Tailor pitch: first-time vs repeat founder playbooks differ

Bring domain expertise, hard-won insight, or unique research background

Show conviction — they back bold ideas without consensus

Founder Don'ts

Don't come in with a co-led round structure — they lead 90%+ of rounds

Don't expect check sizes above $1.5M at pre-seed

Don't pitch if you're post-seed or already have significant traction

Don't waste time on complex term negotiation — standard terms only

53 signals on Concept Ventures Fund II

24 bullish · 7 contrarian · 8 pitch do's · 4 don'ts · 10 GP profiles, each with its source. From €9/month, cancel anytime.

See a signal free View Plans Browse all Signal Profiles →

Facts

Fund Overview

Fund Size$88M

Saves0

Website

People

Key People

Reece Chowdhry, Oliver Kicks, Lauren Sauerland, Raluca Ragab

Concept Ventures TeamGeneral Partner

Hugo HazonPartner

Reece ChowdhryPartner

Oliver KicksPartner

Jeff ChowdhryPartner

Robert CollopyPartner

Andrea MunsamyPartner

Kudei Sawyer MosesPartner

Gloria YuCOO

Fabra Nic TresegnieCTO

Backers

Known LPs

Aldea VenturesFund-of-Funds

ADSI New Ideas LtdInvestment vehicle

DominusFamily office / Holding

+4 more LPs in LP Radar

N°04 / See also

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