Sussex Place Ventures

Sussex Place Ventures is an early-stage venture capital firm based in London, founded in 1998 in support of London Business School's entrepreneurship programmes, with which it remains an independently managed associated venture capital company. It backs entrepreneurs building B2B enterprise software and strong, patent-protectable deep technology, investing at an early stage in software and SaaS businesses, IP-rich technology companies, and digital and internet businesses that show evidence of user traction; it also maintains a life-sciences and medtech thread. The firm typically makes an initial investment of up to £1 million per company and then follows on over the company's life, and is willing to lead rounds. Its most recent vehicle, Regents Park Partners II, was a £30m, roughly $51m, fund, two-thirds of which was committed by the UK government's British Business Bank through its Enterprise Capital Fund programme, with the balance from private investors, exited technology entrepreneurs, angels and London Business School alumni. The team is led by Joint Managing Partner Barnaby Terry, alongside Operating Partner John Mark Brimacombe and Investment Director Ivan Shyr. Sussex Place Ventures has built a portfolio of around 20 companies across the UK and US, including Chaser, a SaaS invoice-chasing company; Endomag, a magnetic-sensing breast-cancer medtech business; Kimble; Phase Focus; and Server Density. It has recorded multiple exits, most notably Skimlinks, the commerce-content monetization platform sold to Connexity in June 2020, plus Server Density and LaunchPad Recruits. With deep ties to London Business School, the firm backs IP-rich B2B software founders.