- Former Development Bank of Wales technology ventures director joins venture capital experts
- Deepbridge reported a record year of fundraising and is set to continue growth trajectory
Venture Capital Investment Manager Deepbridge Capital has today announced the appointment of Simon Thelwall-Jones to the newly created role of Venture Partner.
Thelwall-Jones brings a wealth of experience as a qualified Chartered Accountant, an experienced company Director and a corporate finance expert; with most recent roles being Investment Director at MSIF followed by Director of Technology Ventures for the Development Bank of Wales. The newly created role will initially be focused on working with a number of Deepbridge’s high-growth portfolio companies, whilst also working on a number of new fund opportunities.
This appointment forms part of a wider restructure within Deepbridge, with Dr Savvas Neophytou moving from the role of Head of Life Sciences to become Chief Investment Officer, Louise Farley becoming Head of Private Placement, Andrew Aldridge as Chief Marketing Officer and Steve Shallcross, Chief Information & Technology Officer, now a partner.
Deepbridge reported a record year of fundraising during the 2021/22 tax year, supporting investee companies within the Deepbridge Technology Growth EIS and Deepbridge Life Sciences EIS funds.
Ian Warwick, Managing Partner at Deepbridge, commented: “Deepbridge has grown rapidly over recent years, becoming one of the largest EIS fund managers, and in order to continue to provide the hands-on support to our maturing portfolio of investees, it is important that we enhance our structure and team. I am delighted that Simon, an experienced finance professional who we have worked alongside for years, has joined the team to further augment our proposition.”
Dr Savvas Neophytou, CIO, added: “Our approach to providing investors with access to early-stage companies is relatively unique and we require a certain skillset, which Simon has in abundance. We look forward to continuing our growth and supporting more early-stage companies. We have a number of exciting announcements ahead as we continue to grow our team, so watch this space.”