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Btomorrow Ventures

Corporate VC

London · Seed–Growth · 18 people tracked

Also known as Better Tomorrow Ventures Limited

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Investment thesis

BTV invests in founders and entrepreneurs supporting BAT's transformation agenda toward a smokeless future. It focuses on specialist categories including functional food and drinks, impact and sustainability, smokeless nicotine innovation, and emerging technologies and capabilities. Beyond capital, BTV offers portfolio companies access to BAT's global network and resources, combined with hands-on support from an experienced venture capital team, backing entrepreneurs at all stages.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Growth
HQ
London, GB
Instruments
Equity
Founded
2020
AUM
$445M
Tracked investments
31

Team · 18 people

from the firm's website & public directories
Lexy Prosszer· Investment Principalin
Alexandra Prosszer· Principalin
Kory S.· Analyst

What they invest in

from 21 of 31 portfolio companies

Consumer ×13Direct to Consumer ×12Wellness & Fitness ×7FoodTech ×5AI & Machine Learning ×4Cleantech ×3Deep Tech ×3New Materials ×3

HQs:United States×5United Kingdom×2Brazil×1China×1Germany×1Denmark×1

Who they back

founder profiles across 10 portfolio companies
30%
solo founders
3 of 10 mapped founding teams

Founding team size:solo founder×32 founders×53 founders×14+ founders×1

Investments · 31 tracked

founders shown can be your intro path
Parallel Dotsparalleldots.comin𝕏Mar 2022✓ verified

ParallelDots offers AI-based capabilities delivered through REST APIs, deeplinks, and native mobile SDKs for integration into complementary solutions such as SFA or CRM applications.

AI & Machine LearningEnterprise SoftwareMarketing TechRetail TechSaaSLewes, US

Angam Parashar(Executive Officer, Director)inAnkit Narayan Singh(Director)inMuktabh Mayank Srivatsava(Director)

Actronikaactronika.com

Haptic technology that reproduces the sense of touch in human-machine interfaces.

Awakeawakechocolate.com𝕏

AWAKE makes premium caffeinated chocolate bites that are individually wrapped for on-the-go consumption.

ConsumerDirect to ConsumerFoodTech

Co-investorsBrandProject Capital

BLOCKHEADblockhead.store

BLOCKHEAD is a sports nutrition brand selling caffeinated energy gum (50mg or 100mg per piece) that delivers caffeine via buccal absorption for faster uptake than energy drinks.

ConsumerDirect to ConsumerWellness & Fitness

Bloom Biorenewablesbloombiorenewables.comin𝕏

Bloom Biorenewables converts wood residue biomass into renewable performance ingredients—such as white lignin, dipropylxylose (DPX), and microfibrillated celluloses—used as a formulation platform for the personal care, functional paper, and paints & coatings industries.

Circular EconomyCleantechNew Materials

Florent Héroguel(Founder)in

Co-investorsAnais VenturesBreakthrough Energy VenturesExtantia Capital

Caliwaterdrinkcaliwater.com

Caliwater is a prickly-pear cactus water beverage that provides hydration with electrolytes and antioxidants, marketed with half the sugar and calories of coconut water.

ConsumerDirect to ConsumerFoodTech

Co-investorsFourward Ventures

China Materialia Fund

China-focused fund investing in hard-tech companies for a cleaner, more sustainable future.

ClearMetalproject44.comin𝕏Acquired

project44 is a supply chain software company serving logistics and supply chain operations teams to improve visibility and efficiency across supply networks.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSChicago, US

Jett McCandless(Founder and CEO)in

Co-investors8VCCorsa VenturesGrid CapitalHigh AlphaM33 GrowthMatterwave Ventures+11 more

Emerald Technology Venturesemerald-ventures.comin

Co-investorsEmerald Technology Ventures AgJERASABIC Ventures

Feelwearefeel.comin𝕏

Feel is a direct-to-consumer beauty and wellness brand that offers nutritional supplements, including collagen, vitamins, and targeted health products.

ConsumerDirect to ConsumerHealthtechWellness & Fitness

Co-investorsFuel Ventures

Five Seasons Ventures

European early-growth consumer fund backing fast-growing brands and sustainability champions.

Co-investorsCheck24 Ventures

FlexSeaflex-sea.comin

Compostable biopolymer material derived from seaweed and natural sources.

Co-investorsPente CapitalVala Capital

Flinkflink.soin

Flink Robotics develops physical AI systems that combine machine learning, perception, and motion control to build robots for real-world physical tasks.

AI & Machine LearningDeep TechHardwareLogistics & Supply ChainRobotics

Stelian CorosinMoritz Geilinger(Business Development & Motion Planning Lead)in

Co-investorsIQ CapitalSpeedinvest

Flinkgoflink.com

Berlin-based Flink SE delivers groceries and everyday items from its own dark stores in Germany and the Netherlands.

Co-investorsCherry VenturesGerman Media PoolLightspeed Venture PartnersNorthzoneTarget GlobalBOND+1 more

Flinkmiflink.com

Mexican fintech offering a prepaid Mastercard and mobile app with spending insights and money-management features.

Co-investorsAccelClocktower VenturesFinnovista VCHi VenturesMantis CapitalRaptor Group+3 more

Hesperoshesperosinc.comin𝕏

Hesperos develops "Human-on-a-Chip" organ-on-a-chip platforms, offering custom multi-organ models (up to 5 organ or tissue types) with functional readouts such as gene expression and electrophysiology.

BiotechDeep TechMedical DevicesOrlando, US

Michael Shuler(Co-founder)James Hickman(Co-founder)Michael L. Shuler(Co-founder)inJames J. Hickman(Co-founder & Chief Scientist)inLawrence Florin(Chief Executive Officer)James Stanker(CFO)

HOPWTRhopwtr.comin𝕏

Hop WTR is a beverage company that sells flavored water and tea-based drinks in bundled packages for direct consumer purchase.

ConsumerDirect to ConsumerFoodTechWellness & Fitness

JordanNick

Co-investorsEastward Capital PartnersThe Family Fund

Kanvasthekanvasco.com

Vape technology company focused on consumer experience, reliability and safety.

Mais Mulojamaismu.com.br𝕏

Mais Mu is a Brazilian brand that sells nutritional supplements such as whey protein, plant-based protein powder, and pre-workout products (e.g.

ConsumerDirect to ConsumerE-commerce

Momentdrinkmoment.comin𝕏

Moment makes caffeine-free adaptogen and mushroom beverages and powders, sold in sparkling and still formats with no added sugars or artificial flavors.

ConsumerDirect to ConsumerWellness & Fitness

Co-investorsChaos Ventures

More Labsmorelabs.comin𝕏

More Labs develops science-backed consumer supplement drinks, including its flagship Morning Recovery for post-drinking rehydration, plus products for focus/energy and sleep.

ConsumerDirect to ConsumerHealthtechWellness & Fitness

Sisun Lee(Founder & CEO)Josh Lee

Co-investors500 GlobalMontage CapitalR7 Partners

One fıveone-five.comin

One-Five provides data-driven packaging solutions through Quartermaster, a platform that uses predictive analytics to match materials to customer opportunities and optimize packaging design performance.

Advanced ManufacturingAI & Machine LearningCircular EconomyData & InfrastructureNew MaterialsSaaSHamburg, DE

Martin Weber(Founder and CEO)Claire Hae-Min Gusko(Co-Founder)

Co-investorsAuxxoBlue Horizon CorporationGGFGreen Generation FundPlanet A VenturesRevent+1 more

Paperboy Venturespaperboyventures.comin

Paperboy Ventures is a venture capital fund that invests in consumer brands.

Consumer

Philter Labsphilterlabs.comin𝕏

PHILTER develops ultra-compact micro-filtration devices that filter airborne particulates from a user's exhaled air, marketed to individual consumers as personal air filters.

CleantechConsumerDirect to ConsumerHardware

PlatoScienceplatoscience.comin

PlatoScience develops wireless, at-home transcranial direct current stimulation (tDCS) headsets and remote-management software for clinicians, researchers, and patients.

Digital HealthMedical DevicesMental Health

Richlandcmventure.net

CM Venture is a science-led venture capital firm investing in emerging hard tech industries, including advanced materials, synthetic biology, energy storage, industrial decarbonization, industrial software, IoT, and smart manufacturing.

Advanced ManufacturingCleantechDeep TechNew MaterialsShanghai, CN

Dr. Min Zhou(Co-founder & CEO)Dr. Patrick Berbon(Co-founder & Managing Partner)

Co-investorsSABIC Ventures

Trudrinktru.comin𝕏

Tru produces flavored sparkling water drinks made with real fruit juice and organic energy ingredients, targeting active consumers, working professionals, and parents.

ConsumerDirect to ConsumerFoodTechWellness & FitnessMassachusetts, US

Jack(Co-founder)Yash(Co-founder)

Uellouello.com.br

Co-investorsInvest Tech

Unrootedunrooteddrinks.com

Unrooted makes baobab-fruit based functional drinks marketed for gut health, immune support, and steady energy.

ConsumerDirect to ConsumerFoodTechLondon, GB

Nathan Clemes(Founder)

Vicaravicara.co

Immersive interaction devices with motion and gesture tracking.

Youvityouvit.co.id

Youvit makes gummy-form vitamins and supplements, including children's multivitamins, collagen, vitamin D3, omega-3, and protein products.

ConsumerDirect to ConsumerWellness & Fitness

Portfolio news

latest coverage across their companies

Principals & officers · per Companies House

what is this? ⓘ
Bats Limited

Corporate secretary · since 2024

Andrew James Barrett

Director · British · since 2026

Alastair Mark Duncan

Director · New Zealander · since 2020

Elena Romanyuk

Director · Russian · since 2024

Ownership & control

Nicoventures Holdings Limited75–100% of shares, 75–100% of voting rights, right to appoint and remove directors

Frequently asked questions

How many investments has Btomorrow Ventures made?
Btomorrow Ventures has 29 tracked investments.
What stage does Btomorrow Ventures invest at?
Btomorrow Ventures invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does Btomorrow Ventures focus on?
Btomorrow Ventures focuses on Climate Tech, Consumer, Deep Tech, Direct to Consumer, E-commerce, Enterprise Software, Fintech, FoodTech, Healthtech, Impact & Social Good, Medical Devices, Mobility & Transportation, New Materials, Retail Tech, SaaS, Wellness & Fitness.
Where is Btomorrow Ventures located?
Btomorrow Ventures is headquartered in London, GB.
Who does Btomorrow Ventures co-invest with?
Btomorrow Ventures most often shares deals with SABIC Ventures, 8VC, High Alpha, among 41 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Corporate Venturing Insider #114 with Annie Goman from Btomorrow Ventures

TDK Ventures · Annie Goman

Transforming British American Tobacco (BAT): An interview with Btomorrow Ventures’s Lukasz Garbowski

Mach49 · Lukasz Garbowski

Images

Btomorrow Ventures photo

Co-investors · 3

Fuel Ventures

Fuel Ventures is an investor founded by entrepreneur Mark Pearson that backs fast-growing technology companies, drawing on its team's operational and founding experience to support portfolio companies. It also runs a VCT listed on the London Stock Exchange.

Both backed · 1
$317.5K – $9.5M
Uber

Uber is a technology company operating multisided platforms that connect consumers with ride services, transit, delivery of food and groceries, and freight shipping across more than 70 countries and 15,000+ cities.

SOSV

SOSV is a deep tech venture capital firm that makes first-check pre-seed investments and follow-on rounds in startups focused on human and planetary health, providing lab space and hands-on support at its US locations.

$30K – $550K

Firms observed investing alongside Btomorrow Ventures, from public investor directories. Shared companies are the overlap with Btomorrow Ventures's recorded portfolio.

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