One complaint I hear from startup founders raising seed rounds is that it's often hard to know which VCs are open to doing early stage seed round investments and what size of investments they make.
Hence I've been doing some research and the following is a list of all significant VC funds who've made angel investments in London over the last year and a list of the companies they've invested in - in many cases the VCs in question have done a mix of seed and later rounds; the companies I've listed are specifically ones they've invested in at a seed level.
Where a fund has explicity stated the size of investments they make I've used those numbers, in other cases the numbers are estimates based upon the reported size of investments they've made in their previous portfolio companies.
Two VC funds in particular stand-out from the crowd in terms of the number and nature of the investments made: Passion Capital (who primarily focus on early stage investment) and Index - both of whom are definitely worth considering for any startups seeking to raise significant seed rounds.
Passion Capital (typical seed investment size: £300k-£500k)
2011 Investments: Luluvise (female social network), WireWAX (video tagging), EyeEm (photo sharing), Adzuna (classified ad aggregator), Pusher (realtime web infrastructure), GoCardless (payment system)
Accel (typical seed investment size $500k+)
Amadeus (typical seed investment size: ~1m)
Atomico (typical seed investment size: £300k-£550k)
Index (typical seed investment size: $300k-$2m)
Octopus Ventures (typical seed investment size: £250k-£800k)
2011 Investments: CertiVox (secure content control)
Previous investments: TouchType (virtual keyboard), Secret Escapes (luxury travel), True Knowledge (natural language expert system) and Graze (postal snacks) (I've been told the last two were later than seed stage)
Profounders Capital (typical seed investment size: £500k+)
I've not included the following VC funds because I've been unable to identify any seed round investments they've made since the start of 2011: Balderton Capital, Dawn Capital and Eden Ventures, The Accelerator Group.