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FB10X operates as a unique angel syndicate, providing early-stage capital and extensive strategic support to high-potential startups. The group functions as "first believers," offering investments of up to $50,000 per company, coupled with deep operational expertise and access to a broad professional network. Their approach emphasizes active partnership, guiding founders in areas such as growth marketing, technology architecture, channel development, and customer experience design, aiming to accelerate growth beyond mere financial backing.
The syndicate was formed by six senior professionals: Vidit Agarwal, Simon Bray, Chris Harrop, Harriet McMicking, Anna Stockley Davidson, and Matt Herring. Their collective insight was to leverage their rich experience gained from respected companies to actively mentor and support founders. By investing their own capital, FB10X eliminates the complexities of external limited partners, enabling swift, conviction-based decisions and a highly engaged investment model that prioritizes founder needs.
FB10X partners with extraordinary founders who are building fast-growing startups across diverse sectors, from AI-driven solutions to sustainable materials and digital therapeutics. The syndicate’s overarching vision is to back these ambitious individuals with bold visions, helping them make a meaningful positive impact on the world. They aim to empower the next generation of innovators, fostering companies that contribute to a better future.
FB10X has 1 tracked investment across 1 company. The latest tracked deal is $1.3M Pre-Seed in Butter Insurance in December 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Dec 9, 2022 | Butter Insurance | $1.3M Pre-Seed | — | Flying FOX Ventures, Quokka Ventures, Startmate |