BACKED VC
BACKED VC is a London based seed venture capital firm founded in 2016 by Andre de Haes and Alex Brunicki, investing in European frontier technology founders across AI native therapeutics, blockchain and banking infrastructure, and manufacturing automation. BACKED LLP is registered at Companies House under number OC396809 with offices at Floor 1, 6 Cavendish Square, London W1G 0PD. The firm has raised three funds totalling around EUR 286 million: Fund I in 2016 (EUR 50 million), Fund II in 2022 (EUR 150 million, split into Backed Core 2 and Backed Encore 1) and Fund III in 2025 (EUR 86 million hard cap, USD 100 million). Fund III closed in November 2025 alongside the firm's 100th investment milestone.
Key facts
Recent exits
Coverage notes
3 funds tracked, 88 portfolio companies (72 active · 16 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund BACKED VC has raised, with its portfolio companies. Hand-checked from public filings.
Backed Fund IIIVC2025 · 1yr€86M24 active
Unrealized
24 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Aerska | Biotech | UK | 2025 |
| Affinity Bank | Fintech | Ghana | 2024 |
| Borderless | SaaS | UK | 2023 |
| Cloud Capital | SaaS | UK | 2023 |
| Cytosolix | Biotech | USA | 2023 |
| Dirac Software | SaaS | UK | 2023 |
| Entropy Industrial Capital | Industrials | UK | 2023 |
| Etheros | Biotech | UK | 2023 |
| General Intuition | AI/ML | USA | 2025 |
| GETJUST | E-commerce | France | 2023 |
| GingerControl | AI/ML | USA | 2026 |
| Infinity Constellation | AI/ML | USA | 2025 |
| Keith | LegalTech | UK | 2026 |
| Magnify | Fintech | UK | 2023 |
| Novogaia | Biotech | USA | 2026 |
| OLIX | Deep Tech | UK | 2025 |
| Round Treasury | Fintech | UK | 2025 |
| Sensible Bio | Biotech | USA | 2023 |
| Serna Bio | Biotech | USA | 2023 |
| Smart Transactions | Fintech | USA | 2023 |
| Travizory | Fintech | Switzerland | 2023 |
| Vuelo | Fintech | UK | 2025 |
| YieldNest | Fintech | Singapore | 2023 |
| Zero Gravity | Fintech | USA | 2023 |
Backed Fund IIVC2022 · 4yr€150M33 active · 4 realized
Unrealized
33 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Amenitiz | SaaS | Spain | 2021 |
| Auctor | Fintech | Singapore | 2022 |
| BCB Group | Fintech | UK | 2022 |
| Bird Buddy | Consumer | Slovenia | 2020 |
| CALA | FoodTech | France | 2020 |
| CoMind | HealthTech | UK | 2021 |
| CoSyne Therapeutics | Biotech | UK | 2022 |
| Dataseat | AdTech | UK | 2020 |
| Dermie AI | HealthTech | UK | 2021 |
| DXOS | DevTools | USA | 2021 |
| FabricNano | Biotech | UK | 2019 |
| Footium | Gaming | UK | 2022 |
| Foundries.io | IT Services | UK | 2019 |
| Hoxton Farms | FoodTech | UK | 2020 |
| Immutable | Gaming | Australia | 2020 |
| Invisible Technologies | Business Services | USA | 2019 |
| Jelly | FoodTech | UK | 2020 |
| Laguna Games | Gaming | USA | 2022 |
| Lopay | Fintech | UK | 2021 |
| Meatable | FoodTech | Netherlands | 2019 |
| Molecule | Biotech | Germany | 2021 |
| Nuntius Therapeutics | Biotech | UK | 2021 |
| Ochre-Bio | Biotech | UK | 2020 |
| Octeract | Software | UK | 2020 |
| Onramper | Fintech | Netherlands | 2022 |
| Peony | SaaS | UK | 2021 |
| Phytoform Labs | AgTech | UK | 2019 |
| Rentify | PropTech | UK | 2020 |
| Reya | Fintech | UK | 2021 |
| RUKA Hair | Consumer | UK | 2021 |
| Sky Mavis | Gaming | Vietnam | 2021 |
| StarDust | Gaming | USA | 2022 |
| unrd | Gaming | UK | 2020 |
Realized
4 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Afrocenchix | Consumer | UK | 2021 | 2023 | Write-off | – | – |
| Fygo | Fintech | UK | 2020 | 2023 | Write-off | – | – |
| Iron Bank | Fintech | Germany | 2021 | 2025 | Trade Sale | – | |
| Pillar | Fintech | UK | 2022 | 2025 | Trade Sale | – |
Backed Fund IVC2016 · 10yr€50M15 active · 12 realized
Unrealized
15 held| Company | Sector | Geo | Entry |
|---|---|---|---|
| Andium | Industrials | USA | 2016 |
| Banked | Fintech | UK | 2018 |
| CloudNC | Industrials | UK | 2016 |
| Dispatchr | Software | USA | 2015 |
| EnterpriseAlumni | SaaS | USA | 2017 |
| Flexciton | Industrials | UK | 2017 |
| Flow Engineering | Industrials | UK | 2017 |
| Harbr | Data & Analytics | UK | 2018 |
| LabGenius | Biotech | UK | 2017 |
| Legl | LegalTech | UK | 2015 |
| Libertus Capital | Financials | UK | 2015 |
| Medal | Gaming | USA | 2016 |
| The Family | Business Services | France | 2016 |
| Thought Machine | Fintech | UK | 2016 |
| UNMADE | Software | UK | 2015 |
Realized
12 exits| Company | Sector | Geo | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|---|---|
| Armada Interactive | Gaming | Finland | 2016 | 2022 | Write-off | – | – |
| Bidvine | E-commerce | UK | 2015 | 2021 | Trade Sale | – | |
| Boiler Room | E-commerce | UK | 2016 | 2021 | Trade Sale | – | |
| Datapane | Data & Analytics | UK | 2017 | 2023 | Write-off | – | – |
| Garten | Consumer | USA | 2018 | 2025 | Trade Sale | – | |
| GumBug | Gaming | UK | 2015 | 2019 | Trade Sale | – | |
| Hutch | Gaming | UK | 2017 | 2020 | Trade Sale | – | |
| Jukedeck | AI/ML | UK | 2015 | 2019 | Trade Sale | – | |
| Pollen | E-commerce | UK | 2016 | 2022 | Write-off | – | – |
| Polywork (Kalo) | SaaS | UK | 2015 | 2025 | Write-off | – | – |
| Technology Will Save Us | EdTech | UK | 2015 | 2021 | Write-off | – | – |
| Zaptic | Software | UK | 2015 | 2025 | Trade Sale | – |
Saved GPs appear in your watchlist, one click from your workspace.
About BACKED VC
Backed VC is a frontier-tech seed venture capital specialist with approximately $130 million of cumulative assets under management as of December 2024, headquartered in London. The firm was founded in 2015 by Andre de Haes and Alex Brunicki to address a gap in early-stage European frontier-tech investing, operating as a partner-owned independent VC. Backed reached its 100th investment milestone in November 2025.
Investment thesis
Backed VC deploys capital through approximately three funds (Backed 1 €30 million 2015, Backed 2, Backed 3), targeting pre-seed and seed lead investments with a human-centric relationship-driven model and cheques of $500k-$5 million. Sector focus spans AI-native therapeutics, blockchain and banking infrastructure, manufacturing automation, frontier deeptech and fintech. Geographic deployment is Europe (pan-European founders with global ambitions). The platform backs generation-defining European founders with a founder-aligned community model.
Recent activity
Recent realised exits include a portfolio secondary sale (2025, partial liquidity event funding Fund III). As a minority seed VC, Backed makes investments rather than acquisitions, with active 2024-2025 seed deployment across deeptech. The platform continues active deployment across the European frontier-tech seed mandate. Detailed buyer names and multiple data available on Pro at €29/month.
Investment team
Senior partners. Hand-checked from public filings and the firm's own site.
Similar firms
Other private equity firms tracked on GP Intel.
United Kingdom·€309.0BUnited Kingdom·€15.4BUnited Kingdom·€12.7BUnited Kingdom·€11.7BUnited Kingdom·€6.4BUnited Kingdom·€4.1BUnited Kingdom·€3.5BUnited Kingdom·€2.3BUnited Kingdom·€2.3BUnited Kingdom·€1.8BUnited Kingdom·€1.8BUnited Kingdom·€1.6B