We have over 20 angel investors and business leaders judging the Discovering Start-Ups finalists on Monday 17 September, assessing which businesses they think are the most likely to thrive! Who are these judges and what ventures have they backed in the past?
Cambridge Angels / Invested Investor
Peter Cowley is the Chair of Cambridge Angels and, with his son, is the publisher behind The Invested Investor. He is on a mission to improve the journeys of startups by educating angels and entrepreneurs to make fewer mistakes, work better together and produce more successful exits.
Cambridge Angels is a leading UK business angel network with international connections. They mentor and invest in entrepreneurs with strong ideas, with a particular focus on technology, digital healthcare and the life sciences. The organisation consists of around 60 active individuals who typically invest between £50,000 - £500,000 per funding round. They typically invest based on the following criteria:
Recent exits include the likes of:
- Grapeshot - brand safety and pre-bid contextual solutions for over 5,000 of the world's leading marketers, acquired by Oracle in May this year
- AlertMe - the scalable, resilient and interoperable platform that connects an ecosystem of devices and appliances in the home was sold to British Gas in a £65M deal
- Cambridge CMOS Sensors - who design and manufacture micro hotplates for gas and infrared sensing, acquired by ams
- Neul - acquired by Huawei in 2014 and together they are developing technology that enables the reuse of mobile network operator assets to target ultra-low power IoT applications
UK Business Angels Association
UKBAA is the national trade organisation for angel and early-stage investment, representing about 18,000 investors within its membership. They offer support services for both investors and entrepreneurs, with particular emphasis on helping start-ups access mentoring, perfect their business plan and build towards a funding round.
Jenny Tooth is the CEO and has over 20 years’ experience of facilitating SME access to investment, both in the UK and internationally and has been a judge at Discovering Start-Ups for the past couple of years. She had founded London Business Angels which, before it was acquired by Newable in April 2017, had invested in some pretty innovative companies such as Jellagen, an organisation that uses jellyfish to provide the market with a next generation collagen biomaterial, and Flock, a Big Data-driven risk analysis platform for drone flights. Now it is under the umbrella of one of the UK's leading private investment groups, one that focuses on innovative, potentially high growth technology companies.
Frog Capital has experience of investing in over 60 scale-up technology ventures since 2010, driving total exit evaluations of EU1Bn. Their portfolio includes attractive organisations such as Vulog, the global leader in shared mobility solutions, and GBG, a UK company specialising in international identity verification. Frog Capital encourage the entrepreneurs that they work with to work through their Scale-Up Methodology, a process of prioritising focus in order to acheive the desired goal.
Shirin from Frog Capital is an entrepreneur-turned-investor having sold her original telecoms start-up, Arieso, for a huge $85M in 2013 to JDSU. Since selling her business, she has become a serial angel investor and spends a large proportion of her time helping startups realise their potential through roles as a board member and advisor.
Accelerated Digital Ventures (ADV) back the most innovative, generation-changing technology ideas out there. They invest in long-term projects that have the potential to revolutionise a sector and have the patience and commitment to see these ventures through to successful exit. They follow their investment across the life cycle of the business and continue to invest as needed. Their portfolio contains some fascinating ideas that their experienced team is nurturing, including:
- B-Secur: ECG specialists that use heartbeats for identity authentification.
- Bird.i: on-demand access to up-to-date satellite imagery; they gather the images from world leading commercial satellite providers and incorporate them into one easy-to-use Portal or API.
- Chargifi: a discrete mobile device charging service solution, enabling organisations to exploit the time visitors spend charging their phones.
- Mindtrace.ai: they build intelligent systems which exploit the synergy of brain-inspired algorithms and neuromorphic hardware.
Tong Gu is an Investment Lead at Accelerated Digital Ventures. Her role is to ensure ADV investments reach the most promising tech-enabled startups and ambitious founders - hence her involvement in a programme like Discovering Start-Ups! In a previous life Tong was a VP in TMT investment banking before she left to found a successful data analytics startup.
The London-based Touchstone Innovations was acquired by IP Group PLC, a FTSE 250 company, in October last year. IP Group pioneered the concept of the long-term partnership model with UK universities and currently works closely with 18 higher education institutions including Oxford, Cambridge, Bristol and Bath to turn great ideas into successful businesses. IP Group's pockets are deep, with over £1,508.5m net assets.
Our vision is to create an international leader in IP commercialisation with an enlarged platform for growth and investment. The three most significant benefits to the Group of the combination with Touchstone are:
1. increased scale and critical mass
2. further diversification of the Group’s portfolio in terms of maturity and business sector
3. further access to world-class research, including London’s Imperial College and University College London.
2017 IP Group Annual Report
Prior to the acquisition, Touchstone's portfolio covered ICT, engineering & materials, biotech and therapeutics and included famous start-ups such as Cortexica (advanced image recognition), Import.IO (simplifying access to internet data) and Inflowmatrix (water flow and pipe health analytics). We have Robert Bahns joining the judging panel from Touchstone Innovations, an investor who has worked for over 20 years in venture capital and focuses on investments in hardware and electronics, including AR and human-machine interface.
AV8 is a new organisation to the tech scene having only been founded in February this year. The Managing Director, Miles Kirby, has experience developing new business ventures for major technology organisations such as Arm and Qualcomm Ventures. He has a broad investment history that touches on funds such as Oxford Capital.
Allianz is the underlying backer of AV8, providing €150m to grow investments at Seed and Series A in Next Generation Mobility, Big Data and AI, Digital Health and Cybersecurity.
Other Discovering Start-Ups Judges include:
- Magna International
- Wayra UK
- Imperial Innovations
- IC Resources
- Syndicate Room
- Accelerated Ventures
- Open IO Labs
- Allia Ltd
- Oxford Capital
- Deloitte UK
- Silicon Valley Bank
- The Bradfield Centre
- Breed Reply
- Provence Promotion
- London Business Angels
- Angel Academe
- CMS London