Fundraising Fox

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
1

Team · 7 people

from the firm's website & public directories

What they invest in

from 1 of 1 portfolio companies

AI & Machine Learning ×1Digital Health ×1Hardware ×1

HQs:United Kingdom×1

Investments · 1 tracked

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

Milbotix 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? ⓘ
Marie Esther Korde

Director · British · since 2020

Jessica Suhanthi Rasmussen

Director · British · since 2019

Ownership & control

Marie Esther Korde25–50% of shares, 25–50% of voting rights

Jessica Suhanthi Rasmussen50–75% 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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