dmg ventures

dmg ventures is the corporate venture capital arm of Daily Mail and General Trust plc (DMGT), launched in 2018 and headquartered in London. The firm leverages DMGT's media properties — including the Daily Mail, MailOnline, The Metro, and The i newspaper — reaching more than 155 million global monthly consumers to help portfolio companies achieve consumer scale. The team of seven is led by CEO and Co-Founder Manuel Lopo de Carvalho, alongside partners Rachel Muzyczka and Taos Edmondson. The firm operates two funds totaling £50 million: the Headline Fund (£25 million) investing £250,000 to £1.5 million at Seed to Series A, and the Scale Fund (£25 million) providing £1 million to £5 million primarily through media-for-equity deals at Series B and beyond. The portfolio of 34 companies includes one unicorn (Zilch, a BNPL fintech), two IPOs (Taboola on NASDAQ, Cazoo on NYSE), and six acquisitions including Farewill (acquired by Dignity). Additional investments include Impossible Foods, Lucky Energy, and Final Boss Sour. The firm's distinctive model blends cash investment with discounted media credits, giving portfolio companies guaranteed sponsored content opportunities across DMGT's publications. This combination of capital and commercial media reach is particularly effective for consumer, retail, fintech, and food and beverage brands that need to build mass awareness cost-efficiently. Geographic focus spans the UK, US, and Western Europe.