BACKED VC

BACKED VC

Venture Capital and Private Equity Principals

London, England 11,710 followers

We’re the human-centric VC fund. • Seek the Truth • Plant the Flag • Put People First • Keep your Word •

About us

BACKED is the human-centric venture capital fund. We invest in exceptional founders, at Seed, in Europe. We provide founders with an extensive support system to catalyse their development as a company operators and leaders. Through our Founder Experience Platform and energetic portfolio community we help entrepreneurs across all areas of a startup: from talent management to business development, further fundraising and international expansion. Founded in 2015 by partners Andre de Haes and Alex Brunicki, we invest across sectors including BioTech, Financial Services, Blockchain, Advanced Manufacturing and more. Over 80+ investments to date include Hutch (acquired), Thought Machine, Amenitiz, LabGenius, THIS, Enterprise Alumni, and many more. • Seek the Truth • Plant the Flag • Put People First • Keep your Word •

Website
http://backed.vc/
Industry
Venture Capital and Private Equity Principals
Company size
2-10 employees
Headquarters
London, England
Type
Partnership
Founded
2015
Specialties
Venture Capital, Entrepreneurship, Investment, Community, Technology, Seed Venture, Early Stage Investing, and Founder Support

Locations

Employees at BACKED VC

Updates

  • BACKED VC reposted this

    View organization page for BACKED VC, graphic

    11,710 followers

    Introducing David Linsey, our multidisciplinary investor at BACKED, for the next in our #HumansofBACKED series! Prior to joining BACKED, David co-founded JiPay, a fintech startup, and he now brings that entrepreneurial background and #fintech passion to the fund. When he's not at the latest restaurant hot spot in London, he'll most definitely be in Italy! 🇮🇹 Over to David: Q. Why #VC? "Venture is a role where you are paid to meet interesting people, inform yourself, and allocate capital to founders building the future. That doesn’t sound like work does it? I chose Backed because of our team, and because I was given an incredible amount of freedom to pursue my own investment ideas and theses. Since joining I’ve Backed a B2G Visa OS, a cloud-spend-optimisation platform, and a neobank (details of the last two to come shortly). Q. Which sectors do you find most fascinating? "Fintech is the process of rebuilding our economy’s operating system. With the progress we have achieved in recent years on the infrastructure layer, the opportunity in fintech naturally broadens, as we learn how to connect and integrate the financial tools we have built across industries and workflows. A few holdouts of basic infrastructure still remain undisrupted, and present an enourmous opportunity in the years to come. If you are a founder building in this space, or fintech investor wanting to exchange ideas, please reach out! 💌 Q. What did you do before BACKED? "I was an operator. I cofounded a fintech startup (JiPay) fresh out of university, and moved to Singapore during the height of covid to run it. We were building fintech products for Filipino domestic workers, something which turned out to be a tough game with brutal unit economics. I was fortunate enough to leave that startup with a secondaries exit at the tail end of the fintech boom, and join Backed with a clear idea of which business models do not work! Q. Can you share an insight into your BACKED experience? My highlight is the opportunity for me to constantly improve myself. Venture is truly a craft, and to be great it one must become a master of deciding, sourcing, and fundraising. While I haven’t yet tried my hand at the third, seeing the first two consistently improve with effort over time is immensely rewarding. It’s also addictive - the idea that any conversation or introduction could potentially lead to the next big outcome for the fund is an intoxicating idea that keeps me going. Q. And what about the David outside work? "I run the Amelie and Daniel Linsey Foundation, a nonprofit dedicated to the improvement of emergency (trauma) care in Sri Lanka. We’ve raised and deployed hundreds of thousands of dollars to give victims of traumatic accidents the best possible chances of survivals. Outside of this, my two greatest passions are attempting to maintain a very problematic classic car, and pretending to be Italian (as anyone know knows me can testify)...

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  • View organization page for BACKED VC, graphic

    11,710 followers

    Introducing David Linsey, our multidisciplinary investor at BACKED, for the next in our #HumansofBACKED series! Prior to joining BACKED, David co-founded JiPay, a fintech startup, and he now brings that entrepreneurial background and #fintech passion to the fund. When he's not at the latest restaurant hot spot in London, he'll most definitely be in Italy! 🇮🇹 Over to David: Q. Why #VC? "Venture is a role where you are paid to meet interesting people, inform yourself, and allocate capital to founders building the future. That doesn’t sound like work does it? I chose Backed because of our team, and because I was given an incredible amount of freedom to pursue my own investment ideas and theses. Since joining I’ve Backed a B2G Visa OS, a cloud-spend-optimisation platform, and a neobank (details of the last two to come shortly). Q. Which sectors do you find most fascinating? "Fintech is the process of rebuilding our economy’s operating system. With the progress we have achieved in recent years on the infrastructure layer, the opportunity in fintech naturally broadens, as we learn how to connect and integrate the financial tools we have built across industries and workflows. A few holdouts of basic infrastructure still remain undisrupted, and present an enourmous opportunity in the years to come. If you are a founder building in this space, or fintech investor wanting to exchange ideas, please reach out! 💌 Q. What did you do before BACKED? "I was an operator. I cofounded a fintech startup (JiPay) fresh out of university, and moved to Singapore during the height of covid to run it. We were building fintech products for Filipino domestic workers, something which turned out to be a tough game with brutal unit economics. I was fortunate enough to leave that startup with a secondaries exit at the tail end of the fintech boom, and join Backed with a clear idea of which business models do not work! Q. Can you share an insight into your BACKED experience? My highlight is the opportunity for me to constantly improve myself. Venture is truly a craft, and to be great it one must become a master of deciding, sourcing, and fundraising. While I haven’t yet tried my hand at the third, seeing the first two consistently improve with effort over time is immensely rewarding. It’s also addictive - the idea that any conversation or introduction could potentially lead to the next big outcome for the fund is an intoxicating idea that keeps me going. Q. And what about the David outside work? "I run the Amelie and Daniel Linsey Foundation, a nonprofit dedicated to the improvement of emergency (trauma) care in Sri Lanka. We’ve raised and deployed hundreds of thousands of dollars to give victims of traumatic accidents the best possible chances of survivals. Outside of this, my two greatest passions are attempting to maintain a very problematic classic car, and pretending to be Italian (as anyone know knows me can testify)...

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  • BACKED VC reposted this

    Our final 2024 #BBBAwards Entrepreneur Rising Star is Tendai Moyo, CEO, Ruka Hair. From raising over £4M, working with consumers and hair professionals to create an award-winning ecosystem of hairstyling solutions, to working with clients like FKA Twigs, Serena Williams and Gabrielle Union through their stylist partners Issac Poleon, Lorraine Dublin and organisations such as BBC and the National Theatre, we are excited to spotlight this Tendai this year. Learn more about Tendai ⬇️ https://lnkd.in/geQVQxAb This category is sponsored by Barclays UK. To find out more information on sponsorship opportunities please visit our website. #BBBA11 #BlackEntrepreneurs #BlackOwnedBusiness

  • View organization page for BACKED VC, graphic

    11,710 followers

    Forget the noise—there's still plenty of capital flowing into fintech. 💸 Curious about the current state of play in fintech investment? Andre de Haes sat down with FF News | Fintech Finance to chat about what we look for in successful founders, how the European funding scene has shifted, and what it means to be a frontier tech seed fund in today’s fintech space. Check out the interview with Tim Goodfellow below to hear Andre’s take. 🎙️ #Fintech #VC #Startups

    View organization page for FF News | Fintech Finance, graphic

    97,338 followers

    These areas of fintech are still getting plenty of investment. In a funding environment that has its ups and downs, there is definitely good news for startups seeking funding. We had the pleasure of speaking to Andre de Haes, founder of BACKED VC, to find out what being "a maverick fund" looks like in practice and what they look for in successful fintech founders and startups. We talk about how the European funding environment has changed in recent years and much more. Tune in on our website to listen to this fascinating chat.  https://lnkd.in/ecMraEmh #fintech #finance #banking #paytech #payments #fintechnews #paymentsnews

    These Areas of Fintech Are Still Getting Plenty of Investment | FF Virtual
Arena #331

    These Areas of Fintech Are Still Getting Plenty of Investment | FF Virtual Arena #331

    ffnews.com

  • View organization page for BACKED VC, graphic

    11,710 followers

    🛸 THE AFTERPARTY 🛸 10 days to go until we take over London’s most iconic club fabric, on 3rd October 2024 - right after the Sifted Summit! The night for London Tech. We'll be featuring sounds from TOKI, Mr Beatnick, Lola So and many, many more artists. ✨🔥 Register on this link: we'll be releasing 50 tickets off the waiting list on Friday at noon... ⏳ Limited Ticket Drop ⌛ • Sign up: https://lnkd.in/eXrUixbE Co-hosting with our friends at #TheDownload, Material Ventures and Stride.VC. #TheAfterparty #SiftedSummit2024

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  • BACKED VC reposted this

    View profile for David Linsey, graphic

    Investor at Backed VC, Director at A&D Foundation

    Founders: today is the last day to apply to Focal - a demo day in front of 250 leading VCs. It only takes 7 minutes to apply here: https://lnkd.in/eQXppJfG Even if you don't make it to demo day, you will be connected with relevant VC fund partners, including us at BACKED VC. Last demo day, applicants received over 1600 introductions from investors. Focal is one of the highest leverage ways to boost your fundraise, with zero downside - apply today.

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  • View organization page for BACKED VC, graphic

    11,710 followers

    Will AI cause job loss in venture? 🤔 TechBBQ set up a spicy debate with Andre de Haes, jager mcconnell, Meagan Loyst, moderated by Joe Perkins on how AI is quietly reshaping VC. To get a glimpse into how we're using AI at BACKED Check out Andre's post. 👇

    View profile for Andre de Haes, graphic

    Founder at Backed VC

    We all look at tons of AI-enabled investments and then bang on about them to anyone who will listen.. but it was fun, for a change, discussing how AI is changing our own investment firms including BACKED VC. Thanks TechBBQ for bringing us together and jager mcconnell (CEO of Crunchbase), Joe Perkins (Founder of Landscape), Meagan Loyst (Founder of Gen Z VCs) for the bants. Right now, AI is already massively broadening our sourcing universe, then adding data points and analytics for diligence and allowing us post-investment better portfolio benchmarking. At Backed we are using excellent tools like Morphais for automated deal sourcing, building integrations on platforms like Notion and Affinity for diligence and automating elements of our portfolio support offering. It’s still early days though from an actual investment decision-making perspective: at Backed we are not yet at the point where I think we’re making fundamentally-different investment decisions to a year or two ago. That time will come though, soon. And then to actually build a fully-automated venture ETF that will partially replace VCs.. that will require the adoption of platforms via which startups submit their company data and funding requirements, and a system for automated deal completion: it’s doable if companies like AngelList were evolve or other platforms get built. Above all, automating VC allocation would need to solve an actual founder problem. Founders will always want humans around them for support. Would I though as a founder at certain stages in building my company substitute additional human cheerleaders in exchange for quasi-instant, silent cash? Yep I would. Sometimes you just need the funds to hit and move on.

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    11,710 followers

    Next up: Web3 meets AI! Henry Ang is taking to the stage in Singapore during TOKEN2049 to discuss the Web3 incentive layer.

    View organization page for Fabric Ventures, graphic

    12,409 followers

    Tomorrow’s the big day—our speaker lineup is live for what’s sure to be the hottest web3 x AI event of the #Token2049 week! Our speakers are diving deep into everything from web3 incentive structures to how we reward AI agents. Plus, we’ll have a fireside chat on the pros and cons of open vs. closed AI systems—definitely one you won’t want to miss! Important ❗ We're at capacity, so it's first-come, first-served. Come early to grab a spot and be armed with questions. Can't wait to see both familiar and new faces! 👋 🗣️ Mark Rydon (Aethir), Eva J. Weng (Caladan), Henry Ang (BACKED VC), @Kate Wong (RSS3), Ian Emerson (Fabric Ventures), Manveer B. (Prime Intellect), Richard Muirhead (Fabric Ventures), Steven W., Donald Gossen (Nevermined)

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    11,710 followers

    Fresh Friday insights ⚡ "Is there a role for #blockchains in the age of #AI acceleration?" Our latest paper answers how core principles of blockchain can play a pivotal role in the next era of AI development. 🔗 Read the full piece, written by Henry Ang in collaboration with Alex Brunicki, to get insights on how these two groundbreaking technologies can reshape the future: https://lnkd.in/eb8RQUhe And if you're at TOKEN2049 you can hear more about it at our #Web3MeetsAI event, hosted alongside our friends at Fabric Ventures NEAR Protocol Aethir Caladan RSS3 next week: https://lu.ma/wjbu4tdw

    View profile for Henry Ang, graphic

    Blockchain Investor @ Backed VC

    As AI continues to accelerate at an unprecedented pace, we’re left to ponder: where does blockchain fit into this? In our latest article, we explore how blockchains can lean into its unique properties of immutability, transparency and self custody to complement AI, and share some of the areas we see opportunities in the intersection of AI x Blockchain. If our views resonate with you (or not), we would be keen to have a conversation. If you are a team building in our areas of interest, please get in touch with us! Alex Brunicki BACKED VC https://lnkd.in/gYXVGbMm

    Is there a role for blockchains in the age of AI acceleration?

    Is there a role for blockchains in the age of AI acceleration?

    backedvc.medium.com

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    11,710 followers

    #LONDONBIO is a platform for sharing war stories, debating the challenges of biotech clinical development and exploring cutting-edge innovations. Under Chatham House rules we cannot disclose too much 🙊 (you’ll have to be there next time) but in the blog we share some brief insights into the candid discussions held last week. We addressed some of the most pressing challenges facing biotech companies today: Startup Board Governance — AI in Clinical Development — “Women exist, who knew!” — Clinical Biotech Company Leadership Advice. 💭 Lift the lid on what happened at last week's LONDON BIO here: https://lnkd.in/eAGemHti 💫 Hats off to our Speakers: Emma Tinsley Weatherden Edwin Moses James Field LabGenius Yasmin Siraj Jack O'Meara

    LONDON BIO: 1 year of biotech breakthroughs and bold ideas

    LONDON BIO: 1 year of biotech breakthroughs and bold ideas

    backedvc.medium.com

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