Passion Capital is a London-based seed firm that established itself as the first operator-led VC fund in Europe and introduced Plain English term sheets to the industry. It invests early - typically as first investor at idea stage, before revenue or product - writing average cheques of GBP 400-500k into roughly 10 startups a year across AI, fintech and risk in the UK and Europe. The firm closed its fourth seed fund, Passion IV, at EUR 46 million ($55 million) alongside two SPVs. It has invested in 118 companies, backed 5 unicorns at pre-seed stage and recorded 31 exits.

Firm Profile

Notable Partners

Portfolio Companies (9)

Investment Focus

VCEuropeanSeedOperator-led

Investor data reflects publicly disclosed AUM, fund sizes, and portfolio holdings as of recent date. Refreshed periodically.