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20VC

Venture Capital

20VC operates at the intersection of venture and media, managing a $400m fund focused on seed and Series A investments.


Recent investments

Seed
$4.0M

The seed round was led by Point Nine with backing from 20VC and Entrepreneur First.

"I’m a big fan of sharing funny GIFs with friends, but for high quality product animations, we need a format and tool that’s fit for purpose. With LottieLab, we are decluttering the motion design process and bringing it into the 21st century. LottieLab has all the benefits of modern design tools fit for today’s product development teams; being web-based, collaborative and simple, and crucially, there’s no After Effects qualification needed to use it. This is one of the first steps we are taking towards our mission of democratising motion design for everyone, everywhere and to create a world of storytellers, making the web more fun through animations. I’m over-the-moon that Point Nine and our other investors have decided to join us on this journey."
— Andrew Ologunebi, CEO
Seed
$4.5M

The round was led by Amplo and Ribbit Capital to support the platform launch.

"Unlike our competitors, we are not subsidising costs associated with products and services that our customers have little interest in. It’s a simple pitch – with Atlantic Money all transfers up to £1,000,000 receive the live mid-market currency rate for a flat fixed-fee of £3, delivering savings of up to 99% versus all our competitors."
— Patrick Kavanagh, Co-Founder
$5.5M

The funding will be used to triple headcount, forge new partnerships and expand coverage across the UK and Europe.

"The continued support and trust our existing and new shareholders have put into Bonnet brings a huge value-add to the team and will give us the advantage to become the number one charging product for EV drivers globally."
— Patrick Reich, CEO