Backed is a microventure capital firm in London that focuses on nurturing the potential in exceptional founding teams. Founded 2015 in London, England, United Kingdom by Alex Brunicki and Andre de Haes, it invests in early stage ventures and seed. Its portfolio companies include Banked, Dataseat, Flexciton, Foundries.io, Invisible Technologies, Meatable, Medal, Pollen, THIS, and Thought Machine. As of March 2020, Backed VC has made 36 investments. Their most recent investment was on March 2, 2020, when Thought Machine raised $83M. Backed VC has had two exits, the most notable of which include Jukedeck and GumBug. The company has raised a single venture fund, Backed VC Pan-European seed-stage fund. This fund was announced on April 21, 2016 and raised a total of €50M.