Two Magnolias
41 Lothbury, London, EC2R 7HF, United Kingdom
Overview
Two Magnolias is a venture capital fund investing in early stage businesses who are finding solutions in sustainability and human health.
- Total investments
- 3
- Lead investments
- 1
- Investments · 12mo
- 0
- Active investors
- 1
Sector focus
- Finance
- Medical
- Sustainability
- Venture Capital
Investment portfolio
- Movetru
Led · Seed · Jul 2025
Movetru’s flagship product is a wearable device paired with an AI-powered app that provides real-time biomechanical insights for on-field, gym and rehab use. The system is designed to give coaches and clinicians actionable movement data to assess performance and injury risk. The product is already being used by professional and amateur sports organisations across the UK and Ireland, with strong early results and positive feedback. Founder and CEO Naomi McGregor built the company following a personal injury experience and holds a Masters in Product Design Engineering. Movetru recently closed €1.4M in Pre-Seed funding to scale operations and accelerate a wider commercial rollout. Athletes and coaches can book on-field screenings and pre-order devices via the company website as part of its commercialization push.
- Sprive
Participated · Equity · Apr 2025
Sprive, launched in 2021 and based in London, offers a free app that partners with retailers to convert cashback from users' weekly shopping into mortgage overpayments. The app can route up to £25 per month of cashback toward users' mortgages, which the company says can save homeowners thousands in interest. After appearing on Dragons' Den and securing investment from three Dragons, Sprive became the most downloaded finance app in the UK and the sixth most downloaded app overall. Prior to the TV appearance, the company had closed a £5.5 million funding round and is currently valued at £5.0 million. The company’s recent disclosed financing includes the £50,000 equity deal made on the show; the article does not provide other operating metrics or detailed financials.
- FuturePlus
Participated · Equity · May 2023
FuturePlus is a sustainability management and ESG reporting platform developed by The Sustainability Group that provides simple, rigorous indicators aligned with the UN Sustainable Development Goals and recognised sustainability standards and certification indexes. The platform enables clients to set, track and improve sustainability ambitions across themes including Climate, Economic, Diversity & Inclusion, Social and Environment. FuturePlus reports that its clients have collectively set over 4,200 sustainability ambitions and achieved more than 2,700 goals, demonstrating measurable progression in sustainability maturity. The company says it measures its own sustainability on the platform, reporting positive impact on 16 of the UN’s 17 SDGs and a 36% reduction in its scope 1 and 2 emissions. FuturePlus has established a presence in the USA, the Caribbean, Australia, Mauritius and Ukraine in addition to its UK and EMEA client base, and counts clients and partners such as Soho House, Moda Living Management, Lore Group, London and Regional, England and Wales Cricket Board, Football Foundation, Totally Money, WithIntelligence, Sustainable Ventures, CorpCare and IREP. The business has added Ashish Devi-King as Chairman and Darren Smith as Board Advisor. It plans to use new funding to develop the FuturePlus platform and product portfolio, onboard staff and sustain client growth through marketing and PR. FuturePlus provides an ESG measurement, management and reporting platform that enables organisations to measure, manage and report their sustainable growth in real time. Co-founded by Alexandra Smith and Mike Penrose and based in London, the platform serves clients across finance, technology, hospitality, the built environment and retail. It currently has over 150 clients. The company raised £750K in funding from Two Magnolias, Vala Capital and other individuals and family offices. FuturePlus intends to use the funds to invest in team capacity, further develop the platform, and run new marketing and PR campaigns. The product is positioned to help organisations of any size and type improve sustainability and report to employees and stakeholders.
Team
Jessica Sue Rasmussen
Founder and CEO
LinkedIn