LONDON, April 9, 2021 /PRNewswire/ — GroVentive, a London-based private investor platform that invests into UK startups has recorded a record year of investment from their investor network which now has over 11,000 members.
Launched in 2019 by ex-Macquarie investment banker Bruno Pannetier and startup management consultant Jonathan Wicks who backed businesses such as LoveHolidays and Spark Energy that both went on to achieve 16x and 4.5x exits respectively, GroVentive focusses on investing under the Enterprise Investment Scheme in to new technologies within Gaming, Health, Medicine, Automobile, and Instant Delivery amongst other sectors which has seen them raise circa £11m in under two years.
In spite of the ongoing COVID-19 health crisis the 20/21 tax year saw GroVentive nearly treble their fundraising capability to £8m across 4 high-growth startups that include LiveSmart, PatientSource, Coastr, and Peyk.
Bruno Pannetier, Chief Investment Officer at GroVentive, said: “This record level of investment shows the vibrancy and strength of the UK startup ecosystem which is home…