Focusing on high growth UK sectors including fintech, digital media and e-commerce, this venture capital fund is among the most active
Fund name: MMC Ventures
Investor Category: Venture capital
Based in: London
Formed in 2000, MMC is a team of eight professional investors who are active in working with entrepreneurs to develop their companies.
MMC backs early stage, high growth companies with strong management teams and actively seeks to invest in high-growth sectors where the UK is a world leader: fintech, business software and services, digital media and e-commerce. Investors then work in partnership with the companies to help with growth and profitability.
Size of fund:
£125m through EIS funds and partnerships.
Love Home Swap is a low cost subscription marketplace that facilitates home swapping between holidaymakers and allows them to make money from the process. MMC initially invested £800,000 in the platform in December 2011, and then again in November 2012. It then followed-up its early-stage rounds with an injection of a further £1m in October 2013. Love Home Swap currently lists 64,000 stylish homes in 160 countries.