Two Magnolias Venture Capital

Overview

Two Magnolias Venture Capital is a UK-based venture capital firm dedicated to supporting early-stage businesses that are developing solutions in sustainability and human health. The firm was founded in 2019 by Jessica Rasmussen and Marie Korde, with the first close of its fund achieved in September 2022. The fund focuses on investing in entrepreneurs who are disrupting the status quo using science and technology, with a particular emphasis on underrepresented founders, including those from diverse gender and ethnic backgrounds, as well as from various regions and devolved nations of the UK. The firm's investment strategy targets companies at various stages, from Pre-Seed to Series B, with investment sizes ranging from £100,000 to £500,000. Two Magnolias is inspired by founders who have the strength and courage to develop solutions needed to extend the life of our planet and the positive existence of humanity within it. The firm is committed to providing a multi-layered approach to venture capital investing, supporting and empowering founders by sharing vast experience across multiple business sectors. Two Magnolias is also a signatory of the Investing in Women Code, demonstrating its commitment to promoting gender diversity within the UK's venture capital industry. The firm's advisory board comprises professionals with expertise across various sectors, including climate change disruption and social impact, providing access to subject matter expertise, personal networks, and large organizations such as the NHS, universities, government, and financial services.