With the effects of the pandemic lasting years, the fortunes of VCs specializing in health, wellness and general ‘happiness’ will appear to rise. like fund competent partner And Happiness In recent years startups have emerged to invest in things that make people’s lives healthier, or at least more fun. The sector in Europe has started with Nina Capital in Barcelona, Heal Capital in Berlin, InHealth Ventures London, and Apollo Health Ventures in Germany, among others.
A new fund from Europe is being launched to advance the continent’s unique health technology and wellness talent in this space.
extraordinary enterprise They are a new venture capital firm based out of London that invests in technologies that give people “happy, healthier and longer lives, while supporting planetary health,” he says.
Exceptional Ventures Fund 1 will be a £20M / $24M vehicle focused primarily on the UK and Europe, with some investments going forward, focusing on early stage startups, primarily pre-seed and seed on stage.
Pio was previously MD Europe at Joyce Partners, where he invested in 25 start-ups in 9 countries. He is also the co-founder and trainer of the London and Dubai fitness bootcamp Urban Tribe.
Cooper was part of the founding team of Capital One Bank in the US and later founded CapitalOne Bank (Europe). He was also the chairman of Octopus Capital Group, cofounder of Tandem Bank, and has invested in over 130 companies as an angel.
Uniting to form Exceptional Ventures in early 2021, the team has so far invested in mental health (Clerkenwell Health), alcohol-free beverage options and the future of food (Bar.On, Planetary, and Real), and sustainable feminine hygiene and personal hygiene. has done. care products (here we flo).
Talking to me over a call, Pio said that the fund aims to build a portfolio of 40 companies.
Cooper said: “Our fund will include health technology and we’ll work around the edges of that as well. So, in the future of foods, non-alcoholic beverages. So we’re a little bit bigger than the usual ‘wellness’. But I believe it. —This whole sector is dramatically picking up and attracting the best entrepreneurs and attracting a lot of new fund managers. I think the challenge is that a lot of them don’t have the history and connections that they want. We have. So they are not able to reach deals that we can do.”
Pio said: “I lived and worked in San Francisco at Cisco. The next event we’re going to do will be in London, and another will be San Francisco. So it’s great to be involved with that ecosystem. Sometimes For example, we invest in companies in Europe that want to talk to companies in the US, and we can do that.”