I’m exploring venture capital funds that prioritise sustainability and profitability over continuous fundraising. Specifically, I’m interested in funds that provide an initial round of capital, aiming for the business to achieve profitability—an approach sometimes referred to as "seedstrapping". Ideally, these funds would be open to B2C investments in Europe.

I’ve identified a few such funds:

• OpenSky Ventures: An early-stage VC firm investing in category-disrupting companies, led by experienced entrepreneurs with a track record of successful exits.[0]

• D2 Fund: Focuses on funding capital-efficient B2B software businesses in the UK and Europe, emphasizing efficient entrepreneurship and mission-critical products.[1]

• TinySeed: A remote accelerator designed for early-stage SaaS companies, offering funding and mentorship to help founders grow sustainably without the pressure of traditional VC expectations.[2]

• Indie.vc: Known for its unconventional approach, funding startups with a focus on profitability and sustainability.[3]

For context, Anu Atluru’s essay, “One-Round Wonder”[4], explores the concept of startups achieving success with a single funding round.

Are there other funds or investment models that align with this “seedstrapping” philosophy? Insights or experiences with such funds would be greatly appreciated.

[0]opensky.vc

[1]https://www.d2.fund/

[2]tinyseed.com

[3]businessofbusiness.com

[4]https://www.workingtheorys.com/p/one-round-wonder