Concept Ventures launches $60m pre-seed fund for UK gaming...

Concept Ventures launches $60m pre-seed fund for UK gaming ventures


If you click on a link and make a purchase we may receive a small commission. Read our editorial policy.

The program intends to support over 60 gaming start-ups over the next four years

Concept Ventures announced today that it’s launched a $60 million (£50 million) pre-seed fund known as The Fund.

Backed by the British Business Bank, the fund is one of the few pre-seed investments in the UK dedicated to gaming.

The Fund will also include a $36 million (£30 million) commitment from the British Business Bank’s Enterprise Capital Funds program

Concept said over the next four years The Fund will invest in over 60 start-ups in the UK, with each receiving an investment ranging from £100k ($120,000) up to £600k ($723,000).

“There is a major gap in the pre-seed ecosystem, with too few funds offering dedicated pre-seed expertise,” said Concept general partner Reece Chowdhry.

“We are completely focused on this critical stage of a company’s life cycle and are able to provide the funding, expertise and network they need to succeed.”

Established in 2018 and formerly known as RLC Ventures, Concept has invested in various companies such as Pocket Burger,, and Included Games. logo


Subscribe to newsletters for the latest industry news.

Sign up using a ReedPop ID account.

GI Daily

A roundup of the day’s most popular articles.

GI Market Report

Analysis and data about the global games industry.

More News

  • StreamElements State of the Stream June 2022

  • Two sets of hands holding Steam Decks

  • Switch OLED

  • Image for Government blocks Krafton's India-only version of PUBG

Latest Articles

  • StreamElements State of the Stream June 2022

  • Two sets of hands holding Steam Decks

  • Switch OLED

  • Mark Zuckerberg using a Meta VR headset

Read More

Latest news

un & New Today // FLØRE – “Zombie”

Combining classic pop punk and modern chart sensibilities, FLØRE is sure...

Outlaw Pop Artist DEVORA Shares New EP

With influences that range from Nine Inch Nails to Dolly Parton,...

Alt-rocker Annabel Lee to announce debut LP & share delicate track: “Los Angeles”

Today, Los Angeles-based alt-rocker Annabel Lee announces her debut album Mother’s Hammer due out March 8,...
- Advertisement -spot_img

Orange Unveils the Lightweight Rockerverb 50 Mk III Combo Neo

Orange Amplification introduces the slimmed-down Rockerverb 50 Mk III Combo Neo: all the sonic characteristics of the Rockerverb, all...

Alter Bridge’s Mark Tremonti and Myles Kennedy

From left to right: Brian Marshall, Myles Kennedy, Scott Phillips, and Mark Tremonti together form a supergroup bolstered by...

Must read

- Advertisement -spot_imgspot_imgspot_imgspot_img

You might also likeRELATED
Recommended to you