Most venture firms say they like ambition. 7percent Ventures makes it a filter: if an idea is merely an iteration on an existing market, it will pass. The London-based, entrepreneur-led fund backs what it calls moonshots — transformative technologies that could monopolise a large market and, in ten years, feel indispensable. For deep-tech founders considering 7percent Ventures funding, this profile explains that bar, its cheque sizes, and how to get funding from 7percent Ventures.
Thesis and investment focus
7percent Ventures states its position plainly on its own site: it seeks the 200x winners and passes on the less risky, less ambitious opportunities. It wants solutions to problems that affect a lot of people, and technologies and products that people will one day wonder how the world lived without. Its manifesto adds that a future valuation of $1 billion should not just be feasible but probable. That is a high bar, and it explains why the firm is comfortable with high-risk, high-reward bets that other early-stage investors might call too early or too technical.
Sectors, stages and cheque size
7percent Ventures invests at pre-seed and seed, with a transatlantic footprint spanning the UK, Europe and the United States, and offices in London and San Francisco. Its sectors include artificial intelligence, quantum computing, space technology, robotics, AR/VR, health technology and fintech, among other deep-tech fields. Independent profiles put its typical cheque at £50,000 to £200,000; discuss follow-on capacity directly. Founded in 2014, it counts more than 150 investments and 220 portfolio founders.
Fund size and notable portfolio
The total size of 7percent Ventures funds is not publicly disclosed as a single current figure; one fund database put total funds raised at less than £50 million across two funds as of spring 2023, but that is a dated third-party estimate and should not be quoted as today's fund size. Its best-known portfolio names include Oculus VR, later acquired by Meta, Universal Quantum, MAGdrive, Gensyn and Archax. The common thread is ambition, not sector.
Partners, network and programmes
7percent Ventures was founded by former startup entrepreneurs Andrew Gault and Andrew J. Scott. Its support model is network-driven rather than cohort-based: it runs the non-profit ICE List community, which it says has provided more than 600 tech founders and investors with lifelong professional support, and ALLOCATE and DragonChasers, which bring together more than 450 general partners and 150 limited partners. It also shares fund management carry with its 7EVN Entrepreneur Venture Network, whose experts and ex-founders support the firm and its portfolio companies with advice, introductions and sometimes capital. It does not publish a general credits or perks programme.
How to apply for funding from 7percent Ventures
Founders can approach the firm through its website at 7pc.vc. The pitch should open with the transformative claim, not the feature list: what large problem is being solved, why the technology is a step-change rather than an iteration, and what evidence suggests a billion-dollar market is probable rather than merely possible. Be honest about technical risk and about the milestones that de-risk it, because a moonshot investor will test both. If the ambition is genuine and the market is large, 7percent Ventures is one of the few UK funds built specifically for that conversation.
Why it matters for founders
7percent Ventures is a specialist home for deep-tech moonshots: a pre-seed and seed fund that explicitly passes on incremental ideas, backed by a founder network of more than 600 people through the ICE List and a carry-sharing 7EVN advisor network.