Portfolio
9
companies
Allica
Allica provides specialised business banking and lending services for established small and medium-sized enterprises.
DnaNudge
DnaNudge provides consumer genetics testing and rapid medical diagnostics.
Invstr
Invstr operates a social investment application providing retail traders with educational tools and brokerage services.
Owlstone Medical
Owlstone Medical creates breath biopsy technology for non-invasive disease detection.
Plum
Plum provides a smart money application that helps users automate savings and investments.
Railsbank
Railsbank provides an embedded finance platform that lets companies build custom financial products.
Mo El Husseiny
Managing Partner
Mo brings investment and acquisitions experience from Goldman Sachs, Mubadala, and Ventura Capital. He also serves as vice chairman of Royal Albert Hall America.
LinkedInVentura Capital, GLG, and Sona AM led the financing round to support international growth and technology investments.
"Allica is a world-class business that is executing exceptionally well in a large, underserved market. Ventura is proud to be a major investor in Allica’s Series D, and we are ready to support this exceptional team’s next stage of growth into international markets."
The London-led financing values the defence technology company at over £1bn.
Ventura Capital led the Series E round, with participation from Aviva Ventures, Horizons Ventures, and the Gates Foundation, to advance clinical trials and commercialise breath tests.
"Testament to the power of Breath Biopsy is the continued strong support we continue to enjoy from our investors. The funds closed will enable us to progress our business to the next stage, advancing clinical trials and supporting the launch and commercialization of our pipeline of unique breath tests."
The funding round was backed by institutional investors including Eurobank and iGrow Venture Capital, alongside a crowd-funding campaign.
"It has been an exceptional 12 months for Plum, and this new round of funding is testament to the hard work of the team and the value we’re providing for customers across Europe. The need for a smart app that helps people grow their money for life has never been stronger, and we’re already delivering this to millions of people."
The Series C financing comprised £26m in equity led by Anthos Capital and £20m in debt from Mars Capital.
"I am absolutely delighted that less than four months after Railsbank evolved to become Railsr, we have achieved another milestone and closed our Series C, a significant step on our route to profitability."
