Octopus Ventures hits 10, with an general pull and a healthy shelve of exits


Back in a mists of 2014 we suggested how one of a UK’s many active try investment supports operated. To this day Octopus Ventures continues to massage shoulders with a many active institutional VC supports during a early stage, even yet it’s technically an evergreen account trustworthy to a batch market. It’s corroborated hits like LoveFilm, Zoopla by to IPO, Graze as good as Secret Escapes and SwiftKey that sole to Microsoft. Then there was Evi to Amazon, and Magic Pony to Twitter, and Rangespan (Google) and Vision Direct (Essilor). It’s even in that hipster song startup Sofar Sounds.

The twin multiple of Alex Macpherson, who heads a Ventures group during Octopus, with George Whitehead using Venture Partners and chairing a AngelCo Fund has been flattering active. Macpherson says they’ve been “incredibly advantageous to behind some truly superb entrepreneurs, many of whom come behind to us time and time again with new ventures.”

It turns 10 this year and has ‘opened a kimono’ to put some some-more minute total about a business out there.

The stream account distance is now £661m, with a portfolio of 55 companies. That’s not as most as a triumvirate of Index, Accel, Balderton (for instance) also out of a UK, though is rarely significant. It tends to deposit £100m a year. That translates into £250,000 to a intensity £25 million in a initial turn of funding.

It’s now widespread between London, New York and has Venture Partners formed in San Francisco, Shanghai and Singapore, who are designed to assistance and support a Octopus portfolio as they grow.

Octopus Ventures is corroborated by evergreen supports in VCT, EIS and normal LP/GP funds. These Evergreen supports come from sell investors, listed on a London Stock exchange. That means it can continue to lift supports from a open markets. It’s not utterly a same as VC supports corroborated by grant supports or family offices, though it’s still a contender. It also means it can deposit early to decent after rounds.

Featured Image: Alexander Rieber / EyeEm/Getty Images

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Posted by on May 25 2017. Filed under Europe. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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