Published: October 1, 2025 at 9:23 am
Concept Ventures has closed an oversubscribed £65 million Fund II, cementing its status as Europe’s largest dedicated pre-seed fund.
The London-based VC, which launched its first institutionally-backed fund of £48m in 2022, now manages $200m in assets.
Its debut fund is a top 1% performer for its vintage globally, with portfolio startups raising more than $450m to date.
Backing for Fund II came primarily from the US, with 80% of institutional LPs based there.
Investors include Aldea Ventures, Top Tier Capital Partners, Marktlink Capital, Dominus and Granite Capital Management, alongside one of the world’s largest US investment banks and a leading charitable trust.