Nova Growth Capital Limited

Nova Growth Capital Limited

About

At Nova, we believe that investing into a fund can be done differently. Our approach affords the investor access to tech enabled, growth-focused businesses at the earliest stage of a company life cycle, all whilst aiming to reduce the risks associated with investing in start-ups. We do this by aiming to reduce the 5 most common start-up mistakes. Our truly proprietary deal flow is provided by our cofoundery business, helping founders solve real problems felt by sizeable markets. Our cofoundery employs over 100 people to consult, build and grow our portfolio companies, applying investors’ capital into an operating model rather than an investment model. The result: our portfolio value has grown in excess of 80% year on year for 10 years.

"We find Nova’s approach to start-up tech investing both novel and sophisticated. "

MJ Hudson

Investment focus

We invest in growth-focused, technology startups typically at a much earlier stage than other investors, often pre-revenue and even pre-product. This allows us to buy incredibly well and also allows us to manage start-up risk, through our sister company's 100+ employees, methodologies and process. 


We strongly believe that the startups we back are focused on solving real-world, validated, problems. We look for strong evidence that founders have uncovered a problem space that affects a lot of people, and that those people feel strongly enough about it that they will pay for a solution. Our founders are usually sector experts with many years of experience.

Key team members

Paul Morrissey - Chairman

Paul is a veteran digital and telecoms entrepreneur and is exceptionally well-connected in the telecoms, film, media and digital industries. He founded the Tubedale group in 1989 which are an international telecommunication, project management, software development, and integration practice. Paul is also the Ambassador for Big Data Analytics and Customer Experience for the ™ Forum which, with 900 members, is the largest global trade association focused on bringing together the digital ecosystem. Paul is currently Chairman of Lucid Games, Tubedale Films, Stagereel Films and A&M Wealth Management.

Andy Davidson - Chief Executive Officer

Andy is a software engineer and serial technology entrepreneur. Over the last 20 years he has cofounded numerous technology companies, he still holds directorships in many of them, including Lucid Games and Sentric Music. Along with software engineering. Andy has strong financial experience, raising over £5M in seed venture capital for the companies he has co-founded. In 2017 Andy was recognised by the Sunday Times as one of the UK's top 100 disruptive entrepreneurs.

Alistair Marsden - Chief Marketing Officer

Alistair is both a founder and C-level sales and marketing professional with over 15 years of senior leadership and board experience of starting and growing industry-leading sales brands. He is responsible for oversight of the Nova Group's commercial efforts as well as delivering the Fund Acquisition strategy.

Investment opportunities

Structure
Fund
Min. Investment
£10,000
Closing date
Evergreen
Sector
Technology (Software)
Structure
Fund
Min. Investment
£10,000
Closing date
Evergreen
Sector
Technology (Software)
Cannot find the investment opportunity you are looking for?

Example portfolio companies

Bitbaby - https://bitbaby.co.uk/

Empowering and reassuring expectant parents to enjoy their pregnancy experience, with the knowledge that their baby is moving.


Aquarate - https://aquarate.com/

AQI Fluid intake monitoring system preventing illness and reducing lives lost due to hydration related illnesses.


Kalgera - https://kalgera.com/

Protecting your loved ones’ finances, minimising financial scams and improving money management for vulnerable people and their carers.


Menu Guru - https://menuguru.co.uk/

Making eating out easy, accessible and painless for the growing population of food allergy and intolerance sufferers.

Investments offered

  • EIS
  • SEIS