Connect Ventures, the London-based seed-stage VC that was an early financier in Citymapper and Typeform revealed a brand-new $80 million fund last month to continue investing in
“product-led” creators. Launched back in 2012, when there was a lack of institutional capital at seed phase in Europe and micro VC was a novelty in the region, Connect Ventures invests in B2B and consumer software throughout Europe, including SaaS, fintech, digital health and”future of work. “Running throughout the
company’s investment thesis is an item focus, with the belief that product-led– or”product-first “– software application entrepreneurs are the sort of founders most likely to transform the method we work and live at scale. Link Ventures does fewer deals annually than many seed-stage companies, assuring to position bets in a smaller sized number of early-stage companies. It recently backed scaling start-ups such as Curve and TrueLayer. Keeping a compact portfolio lets the shop throw more support behind its financial investments to assist tip the scales toward success. To learn more about Connect’s method moving forward, I put questions to partners
Sitar Teli, Pietro Bezza and Rory Stirling. We covered what makes a product-first founder, the benefits and drawback of”conviction investing,”and the next digital item opportunities in fintech, health and the future of work. TechCrunch: Connect Ventures positions itself as a pan-European VC investing in” product-led “founders at seed stage. Can you be more specific with concerns to examine size, location and the kinds of start-ups you look for? Sitar Teli: Of course, I know it can be tough to separate seed funds in the beginning glimpse, so it’s worth digging in one layer down. Connect is a thesis-led,
seed phase, product-centric fund that invests across Europe. I know we’re going to dive into a few of those parts later, so I’ll focus on our financial investment technique and what we try to find. We lead seed rounds of ₤ 1-₤ 2 million( in some cases less, sometimes more )and make 8-10 investments a year. Low volume, high conviction, high assistance is the financial investment method we’ve carried out since we started eight years ago. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.