Backed

Backed is a London-based early-stage venture capital firm that invests in pre-seed, seed, and Series A technology startups across the European market. The firm focuses its investments on frontier technologies, allocating capital toward sectors such as gaming, deep tech, biotechnology, artificial intelligence therapeutics, banking infrastructure, and Web3 applications. Backed currently manages over €275 million in total assets under management and typically writes initial investment checks ranging from €500,000 to €1 million. Its active portfolio encompasses more than 100 early-stage companies, featuring 21 businesses with enterprise valuations exceeding $100 million, alongside notable investments in recognizable entities like Sky Mavis, Thought Machine, Nothing, Hutch, and Boiler Room. The firm recently expanded its financial capacity by successfully closing its $100 million Backed 3 fund in 2025. Backed was founded in 2015 by Andre de Haes and Alex Brunicki.