Seyon Indran builds his own AI and no-code tools to support his investing work at Concept Ventures, personally prototyping custom founder assessment platforms rather than relying on generic software. He leads a formal "Founder Research" function at the fund, creating structured partnerships with academics and elite talent organizations to systematically identify exceptional pre-seed founders through research-backed methods.
About their Fund
Sectors
AI, Gaming / VR, Future of Work, SaaS, Fintech
Rounds
Pre-Seed - Seed
Avg Check Size
Up to $1.5M
Notable Investments
Concept Ventures is Europe's largest dedicated pre-seed fund with nearly $200m across two funds, refusing to drift into later stages and positioning themselves as outsiders to VC who hunt four specific founder archetypes (PhDs, big-tech spinouts, unicorn spinouts, second-time founders) through proprietary founder research. The fund operates as a founders backing founders platform where ~70% of portfolio founders became LPs in Fund II, and they open-source their entire investment process including publishing their standard term sheet and criteria while pledging 1% of carry to charities chosen by founders.
Notable Fund
Investments
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Sheets they're in
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Sheets they're Fund is in
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