Inception to pre-seed
A first cheque venture firm backing outlier founders building from the UK and Hong Kong.
We don't need PMF or revenue to make an investment. We back uncapped global ambition at the earliest moment, often before anyone else will.
01 / Approach
What we believe on the journey to pre-seed.
- 01
Unique insights are more important than revenue.
- 02
Speed of learning is more important than number of customers.
- 03
Identifying the right metrics is more important than chasing arbitrary metrics.
- 04
Many people will misunderstand the scale of your vision.
- 05
Staying lean until PMF is usually the best approach.
- 06
The best companies often start by achieving a lot with a little.
02 / Cheques
How we deploy.
- First cheques up to $750k
- Plus reserved follow-on capacity into our best portfolio companies.
- Initial cheques in rounds up to $1m
- And a meaningful role in rounds up to $2m.
- Lead, co-lead, selectively co-invest
- Often the first to believe. We typically lead or invest solo on our first cheque, sometimes co-lead with like-minded funds, and occasionally follow top tier funds in larger rounds.
- Follow-on reserves
- We reserve capital to back the best opportunities in our portfolio. We participate in follow-on rounds but rarely lead them.
03 / Focus
Why we exist.
We focus on founders pursuing uncapped global opportunities from bases in the UK and Hong Kong.
Outlier founders and venture capital are widely misunderstood in both markets. That's why Rosary exists, to be the first cheque for the people building the next generation of global companies from the UK and Hong Kong.
Get in touch
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