MMC Ventures announces new job appointments

By Iris Dorbian — 1 week ago

MMC Ventures has named Jon Coker as co-managing partner and David Kelnar as its investment director and research head. Prior to joining MMC, Coker worked at JPMorgan while Kelnar co-managed European software research at Goldman Sachs in London and at New York hedge fund Calypso Capital.

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UK recipe box service Gousto grabs funding

By Iris Dorbian — 2 months ago

UK-based Gousto, a recipe box delivery company, has secured 9 million pounds in funding. Gousto’s backers include BGF Ventures, MMC Ventures, Unilever Ventures and the Angel Co-Fund. In conjunction with the funding, Simon Calver, a partner in BGF Ventures, has been added to Gousto’s board of directors.

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Lyceum Capital invests in TotalMobile while MMC Ventures exits

By Iris Dorbian — 5 months ago

Lyceum Capital has made an undisclosed investment in TotalMobile. As a result of the transaction, TotalMobile’s previous backer MMC Ventures has exited. In conjunction with the funding, Martin Wygas and Geoff Neville of Lyceum Capital, have been added to TotalMobile’s board. Belfast-based TotalMobile is a creator of enterprise mobility software.

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Growth Intelligence snaps up $3.4 mln

By Iris Dorbian — 11 months ago

London-based predictive marketing company Growth Intelligence has secured $3.4 million in funding. The investors included 83 North (formerly Greylock Israel), MMC Ventures and Paul Forster, founder of Indeed.com. In addition to the funding, Forster and Alan Morgan from MMC have been appointed to Gi’s board.

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Invenias scores $2 mln

By Iris Dorbian — 1 year ago

Invenias, a UK-based provider of software solutions for the executive search and recruitment industry, has secured $2 million in funding. MMC Ventures led the round.

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Dawn Capital and MMC Ventures back Obillex

By Iris Dorbian — 1 year ago

UK-based Obillex, an early payments finance tech firm, has received 3 million pounds in funding. Dawn Capital led the round with participation from MMC Ventures. In addition to the funding, Josh Bell, a partner at Dawn Capital, has been added to Obillex’s board of directors.

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Brightpearl raises $10 mln

By Angela Sormani — 2 years ago

Brightpearl has raised $10 million in a funding round led by new investor MMC Ventures, with participation from Quayle Munro and existing investors Eden Ventures and Notion Capital. Brightpearl is a cloud-based multi-channel retail management system.

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MMC Ventures backs UK mobile firm Somo

By Iris Dorbian — 2 years ago

Somo said Wednesday that it has closed $5.5 million in funding. The investors were MMC Ventures and various private backers. GP Bullhound advised Somo on the transaction. Headquartered in London, Somo is a global provider of mobile solutions.

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Invenias inks follow-on funding

By Angela Sormani — 2 years ago

Invenias has completed a follow-on funding round led MMC Ventures, bringing the total raised in this round to $2 million. Invenias is a UK-based provider of software solutions to the executive search and strategic recruitment sector.

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MMC opens unique fund aimed at investors under-35

By Angela Sormani — 2 years ago

MMC Ventures has reopened the MMC Growth Generation Fund. The fund is the first of its kind and is structured to provide a younger generation of investors with access to high growth companies, EIS tax benefits and the opportunity to build long term capital gains.

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