Begin Capital logo

Begin Capital

Latest fund size

$100M

Announced

October 28, 2026

Global HQ

United Kingdom

Members only

Check size

$500K-$8M

Members only

Stage focus

Pre-Seed, Seed, Series A

Members only

Regions of investment

Europe

Members only

About

Begin Capital is a London-based venture capital firm investing in European deep tech founders from pre-seed through Series A. The firm's debut fund, Season 1, made 28 investments starting in 2020, including Runware, Fundraise Up, Native Teams, Codesphere, and Dwelly, and Begin says that fund ranks in the top 1% of its vintage globally.

Contact info

Members only

Names, roles, emails and LinkedIn profiles for the team, plus the fund's website.

Investment focus

Begin Capital's second fund, Fund II, doubles down on founders solving hard technical problems in deep tech, including AI infrastructure, hardware and silicon, and physical AI.

The firm invests globally but focuses on European tech talent, writing small, flexible first checks of $500,000 to $8 million from pre-seed through Series A, then building ownership in its strongest companies over time.

Members only

What the fund looks for in founders and which sectors it backs.

Fund

Begin Capital has raised $100 million for Fund II, its second deep tech fund, after its debut fund, Season 1, launched in 2020 and made 28 investments.

Fund II has already backed nine companies, including All3, SurrealDB, AregAI, Crewline, xmemory, DesignVerse, Zencoder, and Tomorrow Things, plus one company still in stealth.

The fund also counts several of its own Fund I founders as venture partners, including Flaviu Radulescu, co-founder and CEO of Runware, Elias Schneider, CEO of Codesphere, and Dan Lifshits, co-founder of Dwelly, alongside other founders who invested as limited partners.

Members only

Fund size, LPs and track record.

Other information

Leadership

Begin Capital is led by Partners Alex Menn and Ruslan Sarkisyan. The investment team also includes Joël Van Dijk and Saagar Bhavsar.

‍

Investment Strategy

Begin Capital writes checks of $500,000 to $8 million from pre-seed through Series A, looking for founders it describes as "Pirates," "Winners," and "Robots."

The firm pairs founders with partners who specialize in either narrative-driven or numbers-driven pitches, treating ideas as hypotheses to be tested and expressed in numbers.

‍

Notable Investments

  • Runware
  • Codesphere
  • Dwelly
  • SurrealDB
  • Fundraise Up
  • Native Teams

Members only

Leadership, investment strategy, notable investments and exits.

Unlock this fund's full profile

✓ Emails and LinkedIn for the team

✓ Check size, stage focus and regions of investment

✓ LPs, notable investments and exits

✓ Search and filters across 700+ funds

Unlock this fund and 700+ more

From $14/month, billed yearly. Cancel any time.

Read the newsletter that top VCs and founders keep in their inbox.

Join the weekly newsletter