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Two Magnolias

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Investment thesis

Two Magnolias is a dedicated impact investor and early-stage UK venture capital fund investing exclusively in British-based businesses solving the world's most pressing problems in sustainability (Transformational Economy) and human health (Health Equity). The firm focuses on underrepresented founders — particularly female and ethnically diverse entrepreneurs — based anywhere across the British Isles, targeting post-revenue seed-stage companies with globally scalable models and strong recurring revenue potential. As self-described 'cornerstone investors,' Two Magnolias commits to a wholistic, board-level partnership with each portfolio company, deploying £100k–£1m per investment with a clear intention to follow on. The firm uses a proprietary 'Intuitive Analysis™' framework combining inductive and deductive techniques to assess founders, teams, and market opportunity, and takes a data-driven approach to pipeline development to bridge the equity gap in UK venture capital.

Notable quotes

This Fund was built on the founding principles of investing in entrepreneurs focused on Sustainability and Human Health solutions, based solely in the UK, with the sole purpose of filling the clear opportunity gaps that are present in the UK Venture Capital ecosystem.

Jessica Rasmussen · Two Magnolias website – Jessica Rasmussen bio page (twomagnolias.co.uk/jessica-rasmussen)

We are a dedicated Impact Investor with a social conscience that knows it can bridge the gap between traditional Venture Capital and a new generation of Entrepreneurs. At Two Magnolias we are disrupting the current investment criteria that exists in the world today.

Jessica Rasmussen · Two Magnolias website – How We Work page (twomagnolias.co.uk/how-we-work)

Backing founders beyond London is a key part of our investment thesis at Two Magnolias. Talent and ambition are spread right across the UK, but capital and attention are not. Some of the country's most resilient, capital-efficient and high-potential businesses are being built across all regions of the UK, and we're proud to put real conviction behind them.

Marie Korde · LinkedIn – Marie Korde post, Britain's Got Startups 2026 Finale · 2025

Recent investments

CompanyRoundSizeDate
SpriveSeries A$7m2025-04-28
Vikela ArmourSeed$240k2024-08-01
SeepSeed$2m2025-02-06
Balance EcoSeed
Sing KingSeed

Frequent co-investors

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