Micro VC
A small venture fund that writes smaller cheques, usually at the earliest stages.
Micro VCs manage smaller funds and specialise in pre-seed and seed deals, writing cheques often between £50k and £500k. They fill the gap between angels and larger VCs and are valuable partners for early-stage founders.
Examples
A micro VC leads a £300k pre-seed round. — A founder targets micro VCs for an early raise.
How it relates to The Startup Foundry
Micro VCs are natural co-funding partners for pre-seed startups — exactly the kind the Foundry connects you with.