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The Venture Codex

Begin Capital

1st Floor 48 Chancery Lane, London, WC2A 1JF, United Kingdom

Overview

Begin Capital is an international venture capital fund investing in (Pre) Seed and Series A startups across the globe with a focus on Europe

Total investments
23
Lead investments
5
Investments · 12mo
10
Active investors
4

Sector focus

  • B2B
  • Cloud Infrastructure
  • Cyber Security
  • Database
  • Education
  • FinTech
  • Marketplace
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Investment portfolio

  • Dwelly

    Participated · Series B · Jul 2026

    Dwelly acquires independent UK letting agencies and migrates their operations onto an AI-first platform that handles tenant inquiries, onboarding, rent collection, maintenance, and compliance, reserving staff intervention for judgment calls. The company manages 15,000 properties with a £350 million rent roll and says its automation increases a property manager’s capacity to over 300 units from about 100 previously. Founded in 2023 by Ilya Drozdov, Dan Lifshits, and Dmitry Khanukov—who previously built and sold a 10,000-property rental business—Dwelly combined acquisitions with mandatory automation from the outset. Its operating model distinguishes it from software-only proptech and traditional roll-ups by owning agencies and enforcing platform-driven workflows. Dwelly plans product expansions including financial products for landlords and tenants and aims to scale into some European markets while increasing headcount substantially this year.

  • DesignVerse

    Participated · Seed · May 2026

    DesignVerse develops an AI-powered platform that generates software using customers’ existing design systems, component libraries, technical documentation and internal rules to produce applications aligned with current architectures and engineering standards. The platform is designed to reduce manual translation between design and engineering teams and to enable earlier validation of behaviour with stakeholders. The company targets enterprise and mission-critical environments across sectors including aviation, finance, cybersecurity and government where reliability, security and compliance are required. Founded by Andrei Manolache and Robert Dragutoiu and headquartered in Bucharest, DesignVerse has worked with early enterprise design partners during its pre-seed stage. Financially, it has raised $850,000 in pre-seed funding and more than $5.5 million in a seed round. The company plans to use the seed proceeds to expand its engineering team and accelerate growth in Europe and the United States.

  • All3

    Participated · Seed · Apr 2026

    All3 develops an integrated construction system combining autonomous robotics (including a legged on-site assembly robot), AI-powered design software and robotic manufacturing tools for producing custom components. The company has processed over 100,000 square metres of residential projects through its design software and reports a growing pipeline of projects in Germany. All3 plans to deploy an initial fleet of robots on commercial construction projects in Germany as its first launch market. It operates across Europe with offices in Berlin and Zug and conducts R&D work in London and Belgrade. The recent $25 million seed raise is intended to fund further research and development and initial commercial deployments. Rodion Shishkov is the CEO and co-founder leading the company’s effort to scale automated building processes.

  • Crewline AI

    Participated · Seed · Apr 2026

    Crewline AI builds a hardware‑autonomy stack that retrofits standard vibratory rollers into autonomous machines that perform soil and asphalt compaction within geo‑fenced zones. The company has completed site deployments with contractors such as Dynamic Site Solutions and Watts Services, reporting significant reductions in site downtime and doubling productive hours during initial 30‑day trials. Crewline is led by CEO Frederik Filz‑Reiterdank and CTO Mohamed Sadek and is based in San Francisco, California. The startup raised $7.1M in a seed round led by Initialized Capital and Nebular, with participation from Ford Street Ventures, Cocoa, Begin, Entrepreneurs First (EF), Transpose, and various angel investors. Crewline plans to use the seed capital to scale its fleet of self‑driving rollers and aims to deploy 100 units on earthwork jobs within the current year. The company targets retrofitting existing construction machinery rather than replacing fleets wholesale.

  • xmemory

    Led · Seed · Mar 2026

    xmemory develops a "precision-first" memory layer that structures, cleans, and organizes data at write-time for AI workflows to improve reliability and governance. The approach aims to answer about 95% of critical business and system questions with high precision, leaving a small fraction of queries to standard semantic search. Its platform is currently in closed beta and is led by founder and CEO Alex Petrov. The company raised $4 million in pre-seed funding to support pilots with design partners and further product refinement. Investors in the round include Fly Ventures, Begin Capital, AAL VC, 33East, Inovia Capital, and a group of angel investors and mentors.

Team