Episode 1 Launches £37.5M Fund to Support UK Tech Entrepreneurs

London-based Episode 1 has launched a £37.5m venture capital fund.

The Episode 1 Fund fund received support from public and private resources and experienced entrepreneurs including Alex Chesterman, Founder & CEO of Zoopla Property Group, Tom Allason Founder of Shutl, and Nick Austin and Alan Bennie Founders of the Vivid Toy Group.

Led by partners Simon Murdoch, Damien Lane and Adrian Lloyd, the vehicle will invest (as the first institutional investor) between £250k and £2m into twenty to thirty early-stage companies with disruptive model in the Internet and mobile sectors.
It will back businesses as soon as they have built a minimum viable product, when they have their first satisfied customers, whether consumers or enterprises.

FinSMEs

08/10/2013

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