Sam Ahmed

🌱 Looking to Connect with Leading VCs and Early-Stage Investors? 🌱 At Virtualnonexecs, we don;t only work with PE firms - we are also proud to be working with some of the UK’s most active early-stage investors to help them find the top board advisors and chairs who can drive impact. If you're a non-executive or chair looking to connect with the heart of the startup ecosystem, take note of the names below. Here are 10 of the UK's most active early-stage investors and the incredible numbers that back them: 1. Octopus Ventures - Backed 100+ startups, with a portfolio value of over £1.3 billion. 2. Seedcamp - Over 400 startups funded, including unicorns like Revolut and TransferWise 3. LocalGlobe - Invested in 300+ startups across deep tech and fintech. 4. Playfair - Early backer of companies like Stripe and Anduril. 5. Passion Capital - Early investor in Monzo Bank, managing £100M+ in assets. 6. Ascension - Over 100 startups backed with a focus on social impact and fintech. 7. Frontline Ventures - Backed 80+ startups across Europe with a key focus on B2B. 8. MMC Ventures - £500M+ under management, supporting 60+ innovative growth companies. 9. Balderton Capital - Invested in 220+ startups with notable exits like THG. 10. Entrepreneur First - 500+ startups built, including companies now worth over $10 billion collectively. ✅ To join Virtualnonexecs: https://lnkd.in/eXBj687 ✅ If you are a VC or company looking to hire: https://lnkd.in/d3na7CEC #NonExecutiveDirectors #Chairs #VentureCapital #Startups #Virtualnonexecs #BoardRoles #Leadership #BusinessGrowth

15

1 Comment

"Funding Collapse sends investment in start-ups to six year low" The Times today covering the shocking stats that VenturePath uncovered, with our partner Beauhurst. Great quotes from supporters Michael Moore CEO, BVCA and Julian David CEO, techUK. * UK VC funding at Series A is -44% from last year, and worsening * Q3 24 is down a staggering 57% from Q2, itself down from Q1 * 9 in 10 seed funded startups cannot access Series A VC funding, the next 'rung on the funding ladder' * Just 32 future scaleup companies across the whole of the UK were able to access their first VC funding round in Q3...a 6 year low * Half a billion less capital is going in to UK scaleups at Series A, than just 2 years ago! As the UK scaleup funding gap widens, we are losing ground against other countries, at both startup stage (a position the UK worked hard to achieve, since 2011), and for scaleup support. OECD data: 13th in the world for scaleup support, and that's before Series A funding access dried up. I get that its confusing. Another report (BBB, Nations & Regions) released this week spoke of positive trends in private investment, stating "The data for Q2 2024 shows that investment value has continued to grow". Great, I love to see optimistic data. But under analysis that bundles venture with private equity (later stage), where a few megadeals skew the numbers. Otherwise the exact opposite is true. Our independent research here, for the UK ScaleUp Investment Mission, is laser beam focussed on Series A. The funding round where companies move from the c.1m startups launched each year, through the 2,179 that access seed funding, into the rarefied category of being recognised as future scaleups, attracting Series A funding (£2-10m). The UK venture landscape is currently funding just 248 pa of these companies, and declining. We've been sharing this urgent call for support with the new Government since the day after the election. I've personally met with several Ministers, and spoke to all the relevant Government departments. I will shamelessly repeat loudly what is at stake. UK scaleup funding at Series A has nearly halved in a year, and continues to decline steeply, more than halving in the last quarter. VenturePath developed The UK ScaleUp Investment Mission to convene the scaleup support ecosystem and £7bn of funders to help address this problem, to improve nationwide access to VC investment, and create more venture-backed successes. We have clear support, clear recommendations to reverse this decline in UK scaleup investment, and have made a clear ask of Government for participation in this, to ensure immediate action is taken to create the conditions for success for UK scaleups, ensuring the focus on growth isn't undermined by lack of capital, or equitable access to it. Government decision makers, we'd love your interest, to progress to action. HM Treasury: Rt Hon Rachel Reeves Spencer Livermore James Murray & CC Poppy Gustafsson (welcome to the debate).

735

195 Comments

Striking: Zenobē, a UK climate tech startup, raised £600m from KKR and £270m from Infracapital, bypassing VC entirely. Zenobe captures excess energy from wind farms to stabilize the grid and reduce gas power reliance. This means: Zenobe secured one of 2023's biggest startup fundraises — without any venture capital. #battery #fundraising #venturecapital #energystorage #infrastructure #growthinflection Sifted: https://lnkd.in/g8wF-xA5

5

Maternity in VC in the spotlight. Well done Rachel Drapper, Sophie Winwood & the WVC:E team on getting this important report out there. In VC we’re dealing often with small firms, network & event heavy schedules and FOMO of being left behind if we take time out (I refuse to use the word off as anyone who’s had a child knows that’s the furthest from how it feels). If you’re thinking about having a child or in the throes of the early-stages, navigating how to even try and get some semblance or balance, then hopefully this report can provide some useful tips. Most importantly showcasing that you’re not alone.

65

5 Comments

PE and VC firms still only have women in 11% of key investing positions. Only 2p out of every 100p invested goes to backing female-led companies. Unlocking the potential of female-led enterprises will contribute about £250 billion to the UK economy. The bottleneck for female entrepreneurs is still access to funding. I’ve been there, pitching your business to a room full of men always feels a little strange. While some of them are supportive, there remains an unconscious bias against female-led companies. This is heightened when pitching companies that solve problems and pain points specific to women. The answer to this problem is creating and supporting more female angel investors. With the support of the British Business Bank, the Invest in Women Taskforce is exploring ways to amplify the value of women backing other women through match funding. Forbes did a feature on IWT’s work titled “When Women Mean Business For Women”. To learn more, read the full piece for yourself here: https://lnkd.in/ezN9AjTQ

452

59 Comments

Ever wonder what its like to run a Private Equity fund? Now you have the chance to follow along with successful investment managers by participating with Fund Launch Partners. Join me and Lincoln Archibald and next week for the Third Thursday @ Three to hear about direct investment opportunities with General Partnerships in the one of the fastest growing portfolio investment sectors. Pick up a free ticket here: https://lnkd.in/dd2yzxDd #HolyGrailofInvesting #GPOpportunities #FundLaunch #Alternatives

43

In Amelia Hill's second article on the challenges facing #femtech founders, she outlines some of the other barriers which are just as much of a brake on growth as lack of investment... 😲 Of the 35 femtech companies that responded to censHERship's online survey, 75% had been refused a bank account; 60% had had an account closed, 50% faced “excessive scrutiny”, 32% experienced delays in processing and 21% were charged higher fees. 🛑 But even if you clear these hurdles, your online ads are likely to be blocked or banned. 🐣 As an eg from our portfolio, Béa Fertility is banned from using the word "vagina" in the description for their medical-grade fertility device on Amazon. (Of course, no such prudishness exists around male sex toys or products for erectile dysfunction!) 😇 There are no easy fixes, but we can all advocate for these businesses and buy their products. Some of us with spare cash to invest can choose to support them through angel investment. Read the full story here 👇 https://lnkd.in/e_xRFfUC Amber Vodegel John Souter Angela Cretu Faye Walsh Drouillard Deborah Gruenberger Rosalind Singleton Sally Kemkers #femalefounders #angelinvestors

13

2 Comments

My shout-out for this week is a different one. Not a startup, but a book. The Fundraising Field Guide was written by Carlos Eduardo Espinal MBE. Here is why I think it is a kick-ass book helping founders decipher fundraising. 👉 Is designed specifically for early-stage, high-growth tech startup founders. 👉 Is a guide that explains fundraising through practical advice. 👉 Lays a good foundation on all things fundraising-related. 👉 Adds both the soft and hard challenges encountered. So, here is my thank you note to Carlos! For launching an updated version of this guide. Get the book here 👉 https://buff.ly/4byUywn #venturecapital #startupfunding #fundraising #europe

38

4 Comments

I couldn’t be prouder to be a Venture Partner at Isomer Capital (aka the best European FoF - at least for me) as we just announced the launch of our pioneering £100m secondaries fund. This fund is dedicated to acquiring stakes from LPs in various VC funds, tapping into a massive and largely unexplored market. 🌟 Key Highlights: - Focused Investment: Primarily targeting stakes in VC funds, with selective investments in private companies. - Robust Funding: Already over 20% funded, thanks to strong support from Nordic family offices and a German foundation. - Market Potential: With a growing number of private tech companies and a VC liquidity crunch, Europe's VC secondaries market is poised for rapid growth. - Track Record: This isn’t Isomer’s first foray into the secondaries market. As a firm we’ve done several secondaries deals with portfolio companies and VC firms, including early-stage VC Seedcamp (in 2021) and mobility giant Bolt (in 2023). - Expert Team: Welcoming the amazing Omolade (Rachel) A., formerly of Coller Capital, as a principal to lead this initiative. 💡 Investment Strategy: - 65-75% of the fund will buy "LP interest" stakes in VC funds. - 15-25% will be directed towards stakes in companies. - Up to 15% reserved for flexible investment opportunities. 📈 Looking Ahead: We're targeting returns of 2-3x, with significant distributions expected in the next 4-7 years. As one of the few players in this space, we're not just participating in the market—we're driving it forward. Read all about it here: https://lnkd.in/dc7sbC3G #VentureCapital #SecondariesFund #EuropeanVC

23

1 Comment

Compare this to founders and startups from developing Asia. The avg pre-seed round would be around €100K and Founder's salary would be around €10K PA. Startups with lower burn will be invincible as Innovation and tech tools aren't geo-restricted anymore. #Startups #VentureCapital #Investment #Innovation #Funding

9

Q4 and here at VenturePath we are busy advocating for a connected venture ecosystem to better support scaling founders. As a member of VenturePath, founders don’t just gain access to fundraising support - they become part of an ecosystem that works together to achieve success. So how are we creating this connectivity? By organising a curated community designed to specifically support scaling UK founders. VenturePath founders are linked with a network of fellow venture-backed founders, peer-referred scale-up experts, successfully exited entrepreneurs, strategic partners, and a £7bn VC network all active between Series A-B. Why does this matter? Scaling a business is challenging on most levels, absorbs almost all of your time. By bringing together the key stakeholders that support founders, we’ve created cohesive, 360° support to cut through the noise and support founders at every stage of scaling their business. Our ecosystem members are grouped as: → Fellow Founders: Founders at similar stages share experiences and challenges, offering invaluable peer support. → Scaleup Experts: Domain specialists, vouched for by fellow founders, are available to provide targeted advice and insights. → Exited Entrepreneurs: Recently exited founders share their journeys and lessons learned through engaging content and events. → VC Network: Access to Series A and B funds offers founders early, informal feedback, fostering open dialogue before formal pitches. → Strategic Partners: Trusted partners provide optional support, helping founders navigate the complexities of scaling their businesses. We believe these are all necessary parts of the journey as you scale with venture backing. We've applied our experience to make these elements readily available and heavily curated. Is this the edge you need to scale your business?

13

3 Comments

Help us collect data! 🔥🔥🔥 The Case for Her and CensHERship are collecting evidence to better understand the challenges facing #HEALTH companies trying to communicate and advertise health information using digital platform channels. #femtech #healthtech #womenshealth #menshealth

24

1 Comment

Survival of the Fittest in a Shifting Funding Landscape Founders are adopting a low-key approach, focusing their energy on internal growth. Armed with capital secured in 2021, many are strategically revitalising their businesses. But the big question remains: What will the dealmaking landscape look like in 2024? "Overall, capital infusion will be concentrated on a narrower spectrum of companies than in all. The private capital raising landscape is anticipated to be robust, showcasing significant improvement from 2022. However, the capital infusion will be concentrated on a narrower spectrum of companies compared to the prolific scene of 2021." Read More: https://lnkd.in/d3536qvA In the meantime, share your thoughts! Are you a founder facing a funding crunch? How are you adapting your strategy? #StartupFunding #Founders #Growth #DealMaking #SibaPanda

8

Question for all the founders in my network: What tools are you using for your customer waitlists? 💡 I've seen everything from simple one page websites to more developed integrated engagement/management platforms. Keen to know what people think is good! #founders #vc #startup

37

31 Comments

Top 10 Most Active UK Angel Networks The UK’s startup ecosystem is flourishing, thanks to the tireless efforts of angel networks who back the next generation of innovators. Beauhurst recently highlighted the top players in this space, and I’m thrilled to share some of the standout names driving change and growth. 1. Susie Fisher - Kelvin Capital 2. Lynne Cadenhead - TRICAPITAL Angels Limited 3. Alex Davies - Wealth Club 4. Paul Tselentis - 24Haymarket 5. Oliver Woolley - Envestors 6. Jock Millican - Equity Gap 7. Niki McKenzie - Archangel Investors Limited 8. Alexis Toft - Minerva Business Angels 9. Emmi Nicholl - Cambridge Angels 10. Eileen Modral FRSA - Oxford Innovation Finance These networks have consistently provided invaluable support to early-stage ventures, catalysing the growth of some of the most promising startups in the country. 🎯 What angel network are you part of?

139

36 Comments

Great to see SIS Ventures make this list by TechRound https://lnkd.in/eDtRbggM A bit more about what we look for below. If you're a founder and these hit the mark 👇 then please get in touch Investment targets SIS Ventures is focused on high-impact, high-growth potential businesses our investee companies are innovation-led, often spun out of Scotland’s leading university innovation programmes. Portfolio companies are also carefully selected for their commitment to developing their environmental, equality and diversity, social impact and governance practices. SIS Ventures seeks to provide equity investment to: ✔ High growth potential with a global scale and intent to provide significant impact ✔ Focus on social and/or environmental impact, aligning with impact themes / at least one of the UN SDGs ✔ Product or service backed by defensible technology or proprietary know-how ✔ EIS or SEIS qualifying ✔ Low capital-intensive businesses ✔ Sector agnostic, but historically invested across Life Sciences, MedTech, Climate Tech, Circular Economy, Biotech ✔ Pre-seed – Series A ✔ Headquartered in Scotland

28

1 Comment

This is for all women investing in and building startups across the UK. Barclays and The Entrepreneurs Network are currently undertaking research for the next Female Founders Forum report. - Repost and share to reach all voices. In this year’s report, they are exploring the opportunities and challenges for female angel investors in the UK. Throughout October, They are hosting a series of roundtables across the UK to feed into this research. This will cover: Regional challenges in angel investing The impact of angel syndicates, groups, and co-investment funds in supporting female entrepreneurs and investors across different regions. Strategies to increase women's participation in angel investing through improved support programs and policy changes Bridging the gap between entrepreneurs and investors   The roundtables are open to both male and female angel investors, female entrepreneurs who have been backed by angels, and those actively interested in becoming angel investors. The insights from the regional roundtable discussions will help inform the research and policy recommendations for the Government’s work on supporting angel investing among women.   If you want to have a seat at the table sign up below:   Newcastle: Monday, 7 October 2024, 1.30pm to 3.30pm, Maybrook House, Newcastle upon Tyne - https://lnkd.in/ehtUFVxe Edinburgh: Tuesday, 8 October 2024, 1.30pm to 3.30pm, CodeBase, Edinburgh - https://lnkd.in/e9cwZs-x Birmingham: Tuesday, 15 October 2024, 1.30pm to 3.30pm, 6 Brindley Pl, Birmingham - https://lnkd.in/erqTQnd4 London: Tuesday, 22 October 2024, 1.30pm to 3.30pm, 1 Churchill Place, London - https://lnkd.in/eMmRftKS Belfast: Tuesday, 29 October 2024, 1.30pm to 3.30pm, Ormeau Baths, Belfast - https://lnkd.in/e--xj54k investHER-UK, Roxane Sanguinetti, Hannah Bernard OBE, Juliet Gouldman,Natalie Ojevah MBE, Emmie Faust, Alma Angels, HERMESA, Angel Academe - increasing female investment, UK Business Angels Association, Deepali Nangia, Jenny Tooth OBE, Emma Sinclair MBE, Emma Wright, Marla Shapiro, Ella Goldner (Levy),

34

4 Comments

It's the best time of the week again because we have another episode with another INCREDIBLE founder dropping today! This episode, we are joined by Tess Cosad, the CEO and Co-Founder of Béa Fertility. Together, we discuss: 🫣 Mistakes and lessons learnt from Tess’s previous start-up ventures 🥳 The importance of speaking to your users/customers 📚 The importance of storytelling and how this became Tess’s skillset 🔐 Why being the keeper of the context is your most important role as CEO of a startup 🗺️ The process of finding mentors 💸 The struggles of finding investors and raising funds, and the importance of keeping your passion throughout the process And much more including hilarious stories that had our editor chuckling almost the whole way through the edit! 💙🚽 Let us know what you think!  #entrepreneurship #startupstories #podcast #fundraising #founder #femalefounder #healthtech #startups

23

5 Comments