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 3 of 3 portfolio companiesAI & 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 pathMilbotix 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
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
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
JineshSaad Hashim(Founder)inJinesh Vohra(CEO)in
Co-investorsChannel 4 VenturesCornerstone VCAscensionVelocity Capital Advisors
Portfolio news
latest coverage across their companiesMovetru · notebookcheck.net · Jul 12, 2025
Sprive · finsmes.com · Apr 30, 2025
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
Similar investors
CEI Ventures, Inc. is a Brunswick, Maine-based impact venture capital firm that finances and helps grow growth-oriented businesses creating good jobs in areas overlooked by traditional VC firms.
VamosVentures is a mission-driven venture firm backing early-stage founders building disruptive technology solutions, with an emphasis on diverse, Latinx, female, and immigrant/first-gen-led companies.
PreSeed Ventures (PSV) is an early-stage Nordic venture fund founded at the Technical University of Denmark (DTU), backing tech and deep tech founders with capital and operational support across three units: PSV Foundry, PSV Tech and PSV Hafnium.
Simsan Ventures is a venture capital firm focused on backing overlooked and underrepresented founders, aiming to democratise access to entrepreneurship and support diverse emerging investors.
RKKVC is a private early-stage venture capital fund backing European founders, providing hands-on support beyond capital through its network and expertise.







