Carbon13's Investment Committee
The relationship between Carbon13 and the venture teams
What does the pre-seed investment round look like?
If you are successful at the Investment Committee, Carbon13 seed fund’s investment totals £120,000 in exchange for 7% equity in your venture. A total of £40,000 (excluding VAT) of this investment is then returned to Carbon13 in order to cover part of the costs of programme as a whole. As a result, your new venture retains a net £80,000, which it can use as it sees fit as you prepare for the next stage of development.
Why just £80,000?
£80,000 (net) is sufficient to power you through Phase 3 but critically, it is still a small enough amount to avoid the startup killer that is over-funding. Too much money at this stage is often a hindrance and not a help.