We're excited to announce our investment in Silicon Roundabout Ventures, a £5 million SuperAngel Deep Tech pre/seed fund by Francesco Perticarari.
Backing Silicon Roundabout Ventures is a bet on Francesco. We’ve known Francesco for three years now and following his journey, unwavering hustle and community grow has been an inspiration. Francesco brings a strong technical background as a former CTO/Lead Software Engineer at deep tech startups and the University of London and has made 15 angel investments, 12 of which are within Deep Tech/Big Data and are progressing well.
We love Francesco for his community-driven approach leveraging his community of 15,000+ founders and engineers, built through more than 600 deep tech meetup events held in London since 2011. As an example of the opportunity this community presents, the 26 pitch competition winners from 2016 - 2020 have a combined enterprise value of £6.3 billion. The ecosystem Francesco has built around himself and plugged the fund into clearly provides unique access for SRV.
Francesco and the team at Silicon Roundabout Ventures invest in "Next-Generation technology startups" across five categories:
Technical: Leveraging in-house science and engineering expertise
Infrastructural: Solving large-scale global problems at the infrastructure level
Defensible: Building fundamental hardware or low-level software with strong IP
Trend-Setting: Disrupting industries with 1B+ revenue potential in 10+ years
Global Impact: Addressing key challenges in Computing, Climate, Health, and Defense
With this investment, we cement and announce to the world that we believe Silicon Roundabout Ventures is well-positioned to build one of Europe’s new truly meaningful deep tech firms. If you'd like an intro to Francesco, don't hesitate to reach out 💌
Chapters:
- 02:32 Francesco's Journey into Venture Capital
- 03:27 Building Silicon Roundabout Ventures
- 05:50 Defining Deep Tech
- 08:20 Challenges of Being a Solo GP
- 15:58 Leveraging Community for Investment Success
- 20:44 The Origin and Growth of the Tech Meetup Community
- 27:06 Impact and Achievements of the Community
- 29:02 Understanding Enterprise Value
- 29:09 Challenges of Raising a Fund
- 30:18 Angel Investing and Fund Commitments
- 31:11 Evaluating Early-Stage Companies
- 32:08 The AI Investment Landscape
- 33:01 Sector-Specific AI Investments
- 33:51 Fund Size and Investment Strategy
- 36:51 Deep Tech and Emerging Sectors
- 43:24 Fund Economics and Allocation Strategy
- 50:11 Vision for Silicon Roundabout Ventures