This post was originally published in technext.it See the post here: 11 Top VCs in London for Early-Stage Tech Startups
In the world of tech startups, securing funding is one of the biggest challenges for the founders, especially if you are in the early stage or have an innovative idea. Well, in more established startup ecosystems like the USA, securing funding for innovative early-stage startup ideas is relatively less challenging than in the UK.
If you are a startup founder in the UK, you can reach out to any of the 191 venture capitalist firms currently operating in the UK. But you probably already know how hard it is to get financial backing from traditional VCs in London. Their strict requirements and focus on proven business models can make it difficult for early-stage startups to secure the funding they need to get off the ground.
Fortunately, there are some London venture capitalists who are willing to take risks believing in new, disruptive and even unproven ideas. We have put together 11 such VCs in London that are breaking the mold and standing out from the crowd by offering unique funding opportunities and a willingness to invest in the early stage of a tech startup. We hope this list will provide you with some valuable insights.
11 VCs in London, UK, that are Investing in the Future of Tech Startups
1. Google Ventures
Google Ventures (now known as GV) is one of such unique VCs in London, that aim to assist innovative founders. With $8 billion dollar under management, they not only provide founders with capital but also help them build the right team, pick the right co-founders, develop the best product, and ultimately market the product and grow. If you are aiming to build a product that would bring equitable change, GV would be the right fit for you.
Details of Google Venture
Year of Foundation: GV was founded in 2009 as an independent venture capital firm.
Countries of Operation: USA and United Kingdom
Number of Investments: 1022
Number of Exits: 230
Funds raised: $100,000,000
Focus of Google Venture
Stages: Google venture mainly focuses on early-stage startups, including pre-seed, seed, and series A. But has the ability and track record of investing in the late stages.
Industries: Consumer, Engineering, Enterprise, Design, Life Sciences, Marketplace, Diversity & Inclusion, Transportation, Talent Productivity
Investment size of GV
Forward partner investment size ranges from $1 million to $10 million.
Minimum check size: $2,000,000.
Maximum check size: $30,000,000.
Notable Investments:
Uber, Nest, Slack, Duo Security, GitLab, Flatiron Health, Verve Therapeutics, and One Medical.