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Btomorrow Ventures

Corporate VC

London · Seed–Growth · 20 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
29

Team · 20 people

from the firm's website & public directories
Joshua Galpin· Impact Investment Manager
Alexandra Prosszer· Principalin
Kory S.· Analyst

What they invest in

from 7 of 29 portfolio companies

Consumer ×3AI & Machine Learning ×2Cleantech ×2Direct to Consumer ×2Enterprise Software ×2SaaS ×2Biotech ×1Circular Economy ×1

HQs:United States×3Brazil×1

Investments · 29 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)Ankit Narayan Singh(Director)Muktabh Mayank Srivatsava(Director)

Actronikaactronika.com

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

Awakeawakechocolate.com
BLOCKHEADblockhead.store

Functional sweets and chewing gums offering boost and calming benefits.

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

Caliwaterdrinkcaliwater.com

Cactus water made from prickly pear, low in sugar and rich in antioxidants and electrolytes.

China Materialia Fund

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

ClearMetalin𝕏

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

Emerald Technology Ventures
Feelwearefeel.com
Five Seasons Ventures

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

FlexSeaflex-sea.com

Compostable biopolymer material derived from seaweed and natural sources.

Flinkgoflink.com
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.com
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.com
More Labsmorelabs.com
One fıveone-five.comin
Paperboy Venturespaperboyventures.comin

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

Consumer

Philter Labsphilterlabs.com𝕏

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.com

At-home neuromodulation devices for mental healthcare.

Richlandcmventure.net
Trudrinktru.com

Enhanced sparkling water with seven simple ingredients.

Uellouello.com.br
Unrootedunrooteddrinks.com

Functional shots featuring the African baobab fruit.

Vicaravicara.co

Immersive interaction devices with motion and gesture tracking.

Youvityouvit.co.id

Leading Asian vitamin and functional gummy company.

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

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.

Media · Podcasts & interviews

featuring the team

Corporate Venturing Insider #114 with Annie Goman from Btomorrow Ventures

TDK Ventures · Annie Goman

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
Feel
$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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