Triple Point Ventures, a seed stage VC fund, has appointed Manuel Antunes and Jamie Tomalin to its investment team.
The new hires bring extensive knowledge and experience within HealthTech, ClimateTech and FinTech, bolstering the Triple Point Ventures team and signalling its intent to become one of the most active seed funds in the UK.
Triple Point Ventures is part of Triple Point, a purpose driven investment manager with over £2.9 billion of private, institutional and public capital across five distinct investment strategies: social housing, energy, digital infrastructure, private credit and venture.
Triple Point Ventures give startups access to fast, reliable and supportive capital at the earliest stages of their lifecycle, allowing them to develop their products, grow their market share, and increase their impact on the economy. The fund is sector-agnostic, investing up to £1.5m in pre-seed and seed stage companies.
The fund has made 16 new investments in the last 12 months, while this past spring it realised a cash exit when Credit Kudos was acquired by Apple.
Antunes joins Triple Point Ventures as an Investor from MSM, where he was involved in multiple investments into startups across Europe within the HealthTech and ClimateTech space over the last two and a half years, including Connect Earth, UpHill Health, CollectivFood and Kianava.
Before his career in VC, he worked at Bloomberg LP in software sales. Manuel is also passionate about teaching and lectures on sustainable finance and corporate social responsibility at Nova School of Business and Economics in Lisbon.
“My passion for entrepreneurship brought me into the world of venture capital, so I’m delighted to be joining an investment team with such a focus on stimulating the growth of early-stage companies,” he said.
“The plan we have for the positioning of Triple Point Ventures within the UK venture capital market attracted me to this opportunity – I am thrilled to help the team build on the impressive momentum of the last couple of years.”
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Tomalin has worked on a number of M&A transactions and IPOs as part of the healthcare investment banking team at Barclays. He joins as an investor and will focus on early-stage B2B and B2B2C investments with a particular interest in digital health, ClimateTech and FinTech.
He said: “As the private capital markets continue to grow rapidly, founders have an increasing number of options if they’re looking to raise funding. Every VC provides capital, but the real value lies beyond the money. At Triple Point Ventures, our key differentiator is our people, who all share the same passion for supporting pre-Seed and Seed stage founders. The strength of the team and their track record in partnering with the most ambitious founders made it an easy decision for me to come onboard.”