Backed VC

Backed VC Backed VC positions itself as the UK's contribution to Europe's deep tech ecosystem, leading pre-seed and seed rounds with check sizes from $500K to $5M. Fund III closed at its €86M ($100M) cap, marking the firm's 100th investment milestone. The track record is strong for a seed-stage firm: 100 pre-seed and seed investments with 5 unicorns and 18 companies exceeding $100M in enterprise value. The 90% follow-on rate from seed. meaning portfolio companies get funded, become profitable,