Downing Ventures, part of London-based investment manager Downing LLP, has appointed James Nettleton as Principal of its 12-strong venture capital team.
James joins Downing Ventures from Jaguar Land Rover’s venture capital fund, InMotion Ventures, where he held the role of Principal, having been part of the fund’s co-founding team in 2016. During his time at InMotion Ventures, James was responsible for overseeing a number of stand-out deals in the technology sector including joining a funding round alongside Khosla Ventures into Voyage, which runs fleets of self-driving cars, and investing in commuter app, Transit, alongside Accel.
Downing Ventures manages a number of evergreen funds that invest in companies from Seed to Series A, with the ability to follow-on with significant further capital.
It invests in a variety of sectors, with recent high-profile investments including Bristol-based developer of next-generation bionic limbs, Open Bionics, and healthcare e-commerce platform Live Better With. Downing Ventures led the latter’s £5.4 million funding round, which will further the company’s vision of better supporting people with long-term medical conditions.
In his new role, James will continue his focus on investing in companies that are helping build the ‘future of cities’. He is particularly keen to partner with founders innovating in the transport, property and connected infrastructure sectors.
Commenting on the appointment, Kostas Manolis, Partner and Head of Unquoted Investments at Downing says: “We are pleased to welcome James to Downing Ventures. His appointment fits well with our strategy of growing our thematic approach to the market. James’ experience working with leading investors in transport and mobility technologies will deepen the expertise within our team”
“Downing Ventures has experienced substantial growth over the past few years and, last year, invested in 30 businesses. We are confident that James’ appointment will help us build our reputation as one of the most prolific early-stage investors in the UK. It’s our view that the UK will remain an exciting hub for technology investment and we are committed to continuing our support for the incredible businesses being built here by the plethora of talented entrepreneurs.”
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