/Investor DB

Two Magnolias

Venture capital

London · Seed–Series B · 7 people tracked

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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.

Stage
Seed–Series B
HQ
London, GB
Instruments
Equity
Founded
2019
Tracked investments
3

Team · 7 people

from the firm's website & public directories

What they invest in

from 3 of 3 portfolio companies

AI & Machine Learning ×2Hardware ×2Healthtech ×2B2B Marketplaces ×1Digital Health ×1Fintech ×1IoT ×1Medical Devices ×1

HQs:United Kingdom×2

Investments · 3 tracked

founders shown can be your intro path
Milbotixmilbotix.comin✓ verified

Milbotix develops technology to help people with dementia and other conditions that impair communication of distress.

AI & Machine LearningDigital HealthHardwareHealthtechIoTMedical DevicesBristol, GB

Dr Zeke Steer(Founder)

BoardJohn Major(Non-Executive Director)

Co-investorsBritish Design FundInnovate UK

Movetrumovetru.ioin

Movetru develops biomechanics technology to reduce athletic injury risk and improve performance through on-field movement insights.

AI & Machine LearningHardwareHealthtechSports TechWellness & Fitness

Naomi McGregor(Founder & CEO)inDylan McBurney(CTO)inPhil Graham-Smith(Head of Research)

Co-investorsAngel Academe

Sprivesprive.comin𝕏Apr 2025 · $7.3M

Sprive is a fintech app that helps UK mortgage holders pay off their debt faster by automating overpayments from everyday shopping with partnered retailers.

B2B MarketplacesFintechUnited Kingdom, GB

Saad Hashim(Founder)inJinesh Vohra(CEO)in

Co-investorsActive PartnersAscensionChannel 4 VenturesCornerstone VCAscension VenturesVelocity Capital Advisors

Portfolio news

latest coverage across their companies
Sprive Raises $7.3M in Seed Funding

Sprive · finsmes.com · Apr 30, 2025

Principals & officers · per Companies House

what is this? ⓘ
Marie Esther Korde

Director · British · since 2020

Jessica Suhanthi Rasmussen

Director · British · since 2019

Ownership & control

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 team

How to Find What Drives You: Career Advice for Young People - Jessica Rasmussen, CEO, Two Magnolias

Circl Leadership Development · Jessica Rasmussen

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