Sure: UK VCs ('Haatch' specifically in this example) will give an enthusiastic 'yes' and then not deliver funds.

Aren't they afraid of the reputation risk? If they behave so treacherously, future startups may go to the US without even asking them.

I assume too good to be true.

I had the misfortune to be pitching to VCs in the UK, the money was so expensive that it’s just not worth it, much better off moving to the US if you can.