Newcastle businessman to launch investment fund for ‘disruptive’ tech

A Newcastle-based businessman is set to launch a new investment fund to support ‘disruptive’ tech companies.

Jeremy Middleton CBE is going ahead with plans to launch the Conviction Investment Partners Founders Fund through his co-founded firm Conviction Investment Partners.

The fund will focus on ‘disruptive’ fast growth B2B software ventures that have the potential to scale globally.

The Conviction Investment Partners Founders Fund hopes to make between 15 and 20 investments, despite the ongoing COVID-19 pandemic.

Jeremy Middleton commented: “Venture capital should always be deployed for the long-term; at least five years not five months. An investable business with a fantastic idea two weeks ago does not automatically lose its potency because of this temporary emergency.

“We are still investing and will be launching this fund over the next three months and encouraging other investors to join us. The world will return to normal and businesses still need financial support to grow and develop.

“Imaginative and forward-thinking tech firms have proved their worth during this sudden downturn.

“We believe we are backing the winners. World beating tech companies with big ideas. Now is not the time to shy away but, for the right company with the right idea, it is the time to invest.”

Read this story on Bdaily

Read more posts

DYNAMO WEBINAR TO DEBATE GOVTECH…

13.04.2021

Dynamo, the region’s tech champion, is to host a free webinar this month exploring government technology and lessons learned from the Covid pandemic. The webinar, on Wednesday, April 21, features…

Read more

Tyne and Wear and Northumberland…

12.04.2021

Northumbria University has launched a new ERDF funded project supporting SMEs to recruit a graduate intern. This project follows on from the success of the previous scheme which helped stimulate…

Read more

OPENCAST BOOSTS THE WORK OF…

01.04.2021

OPENCAST Software has confirmed its commitment to making a positive social impact by making generous donations to five local charities. The Newcastle-based tech consultancy has donated almost £50,000 to charities…

Read more

New blog post: Is your board ready to bounce back higher? dynamonortheast.co.uk/blog-po…

Join our
mailing list