Concept Ventures Fund II

About Concept Ventures Fund II

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

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 idea, no traction required

pre-seed

Europe & UK

sector-agnostic

lead investor

AI & data founders

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

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

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

Engage with UK or European market as primary base

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

Key GPs & Partners

Concept Ventures Team

General Partner

conviction-drivenfounder-firstcommunity-builder

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Fund Overview

Fund Size$88M

Saves0

Website

Key People

Reece Chowdhry, Oliver Kicks, Lauren Sauerland, Raluca Ragab

Concept Ventures TeamGeneral Partner