Begin Capital is a London-based venture capital firm investing in early-stage technology companies across Europe and the United States.
Portfolio
7
companies
All3
All3 builds an integrated robotics and software platform to automate construction projects.
AppFactor
AppFactor uses artificial intelligence to optimise application modernisation for enterprises.
Dwelly
Dwelly acquires British letting agencies and automates their operations through artificial intelligence.
Runware
Runware provides high-performance and cost-effective AI media generation infrastructure for developers.
SurrealDB
SurrealDB provides an artificial intelligence native database platform for modern applications.
Uncrowd
Experience analytics platform for measuring customer experience.
Saagar Bhavsar
General Partner
Saagar serves as a partner at Begin Capital. He brings venture capital experience from roles at Nauta Capital and SquareOne, alongside earlier consulting background at SimCorp.
LinkedInAlexey Menn
Key Partner
Alexey serves as a key partner at Begin and a general partner at Begin Capital Partners. He also holds board and investor roles across several companies including WOOM, Bulbshare, and Zadaa.
LinkedInRuslan Fomichev
Key Partner
EQT Growth and General Catalyst led the Series B financing, which includes equity and debt facilities to support further agency acquisitions.
"Dwelly is AI-first by default: we assume AI should be able to do every operational task. That changes what a lettings agent can be. AI takes over the transactional layer, while our people become world-class advisors to landlords and tenants"
The seed round was led by RTP Global to support the commercialisation of the company robotics platform.
Fly Ventures led the pre-seed round, which will fund product depth and pilot launches.
"Once memory becomes an input to workflows, automation, or system decisions, approximate recall is not enough. We think memory has to become structured, inspectable, and reliable by design."
General Catalyst led the equity portion of the £69m investment, which also features a debt facility from Trinity Capital.
"We have crossed 10,000 properties under management, placing Dwelly among the UK’s top 15 largest letting agencies in less than 2 years – an unseen speed of growth for letting agencies. Our vision is to build an end-to-end platform evolving into a fully transactional rental marketplace with a robust fintech layer for rent collection and ancillary products."
Chalfen Ventures and Begin Capital join existing backers to support the rollout of SurrealDB 3.0.
"This fresh investment demonstrates a growing level of excitement for our category-defining, developer-friendly database. Chalfen Ventures and Begin Capital have joined this round due to our strong momentum in real-world usage, and clear path to large-scale production."
