Two Magnolias
Venture capitalLondon · Seed–Series B · 7 people tracked
Investment thesis
Two Magnolias focuses on supporting underrepresented founders in the UK who are addressing significant problems within two priority areas: the transformational economy and health equity. The firm positions itself around backing diverse entrepreneurs working on impactful solutions in these domains.
Source: firm website, verified Aug 3, 2026.
Team · 7 people
from the firm's website & public directoriesWhat they invest in
from 1 of 1 portfolio companiesAI & Machine Learning ×1Digital Health ×1Hardware ×1
HQs:United Kingdom×1
Investments · 1 tracked
founders shown can be your intro pathMilbotix develops AI-enabled wearable sensors embedded in everyday clothing, particularly SmartSocks®, that capture real-time physiological data like pulse, temperature, sweat, and motion for use in research, healthcare, and social care settings.
AI & Machine LearningDigital HealthHardwareBristol, GB
Principals & officers · per Companies House
what is this? ⓘDirector · British · since 2020
Director · British · since 2019
Marie Esther Korde — 25–50% of shares, 25–50% of voting rights
Jessica Suhanthi Rasmussen — 50–75% of shares, 50–75% of voting rights
Frequently asked questions
- What stage does Two Magnolias invest at?
- Two Magnolias invests at the Seed, Series A, Series B stages.
- What sectors does Two Magnolias focus on?
- Two Magnolias focuses on Cleantech, Enterprise Software, Fintech, FoodTech, Healthtech, Impact & Social Good, Retail Tech.
- Where is Two Magnolias located?
- Two Magnolias is headquartered in London, GB.
Media · Podcasts & interviews
featuring the teamHow to Find What Drives You: Career Advice for Young People - Jessica Rasmussen, CEO, Two Magnolias
Circl Leadership Development · Jessica Rasmussen
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