Octopus, a UK-based venture capital firm whose portfolio includes Bowman Power, Michelson Diagnostics and Elonics has hired equity analyst Simon Andrews.
Mr. Andrews will work alongside Simon Murdoch and Alex Macpherson to provide venture development and portfolio management across Octopus’ entire portfolio of investments.
According to a press release, he will assess the ongoing needs of the companies, deciding on re-investment requirements, researching exit opportunities and planning the development and management of the investments within the portfolio.
Mr. Andrews will also help to prepare companies for further rounds of fund raising, seeking overseas support in Europe and the USA where necessary.
After more than 10 years working as an equity analyst and in M&A across Europe, Simon Andrews served at Silicon Valley Bank specializing in venture debt and debt financing of mostly life science and technology companies, in both early and later stages of development.
Octopus Ventures, which is sector agnostic, focuses on investing from £250k to £5m in UK-based companies.