Today we launch 𝐂𝐨𝐧𝐜𝐞𝐩𝐭 𝐅𝐮𝐧𝐝 𝐈𝐈— $88m, Europe’s largest dedicated pre-seed fund. Built for founders with just a concept and the conviction to chase it. In the last three years with Fund I, the Concept team has partnered with 44 companies at day zero — saying yes when others say no. We’ve led 90% of our rounds, backed founders in every sector from commodities to robotics, and stood behind their ambition to build multi-billion-dollar outcomes from the very first cheque. 𝐖𝐡𝐚𝐭 𝐅𝐮𝐧𝐝 𝐈𝐈 𝐫𝐞𝐩𝐫𝐞𝐬𝐞𝐧𝐭𝐬: •⁠ ⁠$88m — significantly oversubscribed, with first close in just 3 weeks •⁠ ⁠Backed by world-class global LPs: @TTCP_SF Partners, @MarktlikCapital, Aldea Ventures, @DominusIsUs, Granite and Integra Partners. •⁠ 70% of our Fund I portfolio founders joined as LPs, alongside some of Europe’s best founders — including unicorn founders @matiii (@elevenlabs), Amar Shah (Wayve), and @Mattisani (Faceit) •⁠ ⁠Fund I is a top 1% fund globally for its vintage on all metrics, with $450m raised by our founders so far 𝐓𝐨 𝐭𝐡𝐞 𝐭𝐞𝐚𝐦: Anrea Munsamy, Ariel Rahamim, Jeff Chowdhry, Lauren Sauerland, Oliver @kickso and Seyon Indran — building Concept with you as outsiders to VC has been my greatest joy. From late nights to tough decisions, from wins to crises — sharing those highs and lows with you has shaped a people-first fund that truly reflects who we are. 𝐀𝐧𝐝 𝐭𝐨 𝐨𝐮𝐫 𝐋𝐏𝐬: those who believed on day one, with a 90% re-up rate — thank you for believing in our concept and backing us again. 𝐀𝐧𝐝 𝐭𝐨 𝐨𝐮𝐫 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬: thank you for trusting us at day zero. This fund is for your ambition. A huge thank you to @alexfmac and the @joinsequel team , as a value add LP, for helping us bring this incredible video to life (watch to the end!) At @ConceptVC_ , we don’t see sectors, we see people. Whether you’re in UK, Italy, Poland, Spain or beyond — first-time or repeat founder — if you have the ambition to build globally from Europe, our door is open. Just bring your Concept! conceptventures.vc

That's a wrap to an energizing week! 🙏🏼 to 60 founders who joined us from across 🇺🇸🇮🇱🇬🇧🇩🇪 to Miami 🏝️ for ⁦Enterprise Founders Day which ⁦@Boldstartvc⁩ co-hosted with our friends ⁦@crew_capital⁩.⁩ Core theme: Back to Basics building startups from Inception Thx @guypod for sharing some of the pain and suffering in the early days on the way to 📈 @snyksec We've all been through a lot the past couple of years, 10x more resilient, and prepared to build grow again

1/ Today @Career_Karma dropped the State of the Bootcamp Market 2023 now that skills first hiring initiatives are being prioritized by employers all over the world Bootcamps earned ~$728 Million in '22 This is $200M higher than the # in our last report careerkarma.com/blog/state-o…