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The Venture Codex

Common Magic

Unit 3, Office A, 1st Floor, 6-7 St Mary At Hill, London, England, EC3R 8EE, United Kingdom

Overview

Investment fund supporting community-driven product founders.

Founded

2023

Deals · 12mo

6

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Germany
United Kingdom

Sector focus

—

Investment portfolio

10rounds
NAMEDATESIZE
Embedd
Aug 2026Participated
$3 MSeed
Xylo
Jul 2026Participated
$4 MSeed
Ethos Recruits
May 2026Participated
$23 MSeries A
Ethos
May 2026Participated
$23 MSeries A
Modern Relay
Apr 2026Participated
$3 MOther Equity
Bounti
Mar 2026Participated
$5 MSeed
GoodFit
Sep 2025Participated
$13 MSeries A
Automated Architecture
Jun 2025Participated
$7 MOther Equity
Ethos
Mar 2025Participated
$3 MSeed
trail
Aug 2024Participated
$2 MSeed
Embedd
Aug 2026Participated
$3 MSeed
Xylo
Jul 2026Participated
$4 MSeed
Ethos Recruits
May 2026Participated
$23 MSeries A
Ethos
May 2026Participated
$23 MSeries A
Modern Relay
Apr 2026Participated
$3 MOther Equity
Bounti
Mar 2026Participated
$5 MSeed
GoodFit
Sep 2025Participated
$13 MSeries A
Automated Architecture
Jun 2025Participated
$7 MOther Equity
Ethos
Mar 2025Participated
$3 MSeed
trail
Aug 2024Participated
$2 MSeed
10
Items
Browse all public portfolio deals

Insights

Time horizon

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Deal Distribution

Common Magic: 10 funding rounds are recorded in the selected participation categories.All available history.
Common Magic: 10 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed05
Series A03
Other Equity02

Monthly Deal Activity

Common Magic: 10 deals are recorded across 27 months.All available history.
Common Magic: 10 deals are recorded across 27 months. All available history
MonthDeals
Aug '241
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '250
May '250
Jun '251
Jul '250
Aug '250
Sep '251
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '261
Apr '261
May '262
Jun '260
Jul '261
Aug '261
Sep '260
Oct '260

Sector Breakdown

Common Magic: AI & Machine Learning is the largest displayed sector by deal count (6 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Common Magic: AI & Machine Learning is the largest displayed sector by deal count (6 deals). All available history
SectorDeals
AI & Machine Learning6
Enterprise Software3
Professional Services3
Networks, Cloud & Communication2
Hardware & Robotics2
Real Estate & Construction2
Data, Analytics & IT2
Developer Tools2
Manufacturing1
Health & Life Sciences1
Transportation & Logistics1

Deal Size Distribution

Common Magic: 10 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Common Magic: 10 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M6
$5M-$10M1
$10M-$25M3
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Common Magic: Europe has the largest recorded deal count among the displayed regions (7 deals).All available history.

Top 2 of 2 regions; European countries are grouped as Europe.

Common Magic: Europe has the largest recorded deal count among the displayed regions (7 deals). All available history
RegionDeals
Europe7
United States3
Common Magic: 20 co-investors are shown, with General Catalyst sharing 3 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Common Magic: 20 co-investors are shown, with General Catalyst sharing 3 recorded deals. All available history
Co-investorShared deals
General Catalyst3
Andreessen Horowitz2
CapitalT2
Evantic2
Robin Capital2
XTX Ventures2
2100 Ventures1
8VC1
ABB1
Amino Collective1
Andrena Ventures1
Cocoa Ventures1
Concrete VC1
Connect Ventures1
Conviction1
Emerge1
Endurance Ventures1
IBB Ventures1
Inovia Capital1
Interface Capital1

Investment Strategy

Common Magic: Led accounts for 0% and participating for 100% of round participation.All available history.
Common Magic: Led accounts for 0% and participating for 100% of round participation. All available history
CategoryDeals (count)Share (%)
Led00%
Participating10100%
Common Magic: Single-lead accounts for 0% and co-led for 0% of lead dynamics.All available history.
Common Magic: Single-lead accounts for 0% and co-led for 0% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead00%
Co-led00%

Lead dynamics requires at least one led deal in this range

Team

Sarah Drinkwater

Director, Tech and Society Solutions Lab