Bristol deep tech VC appoints successful founder to partner
SCVC, the Bristol-based early-stage deeptech venture capital firm, has appointed John Williams as its partner.
The move unites two of the country’s most successful deep tech founders for the very first time to create the VC firm they wish they had as technical founders.
John is best known as the co-founder of UK-Japanese billion-dollar tech company Kudan, which paved the way for modern computer-vision based augmented reality and achieved unicorn status in its 2018 Tokyo IPO. He will now work alongside Harry Destecroix, SCVC’s managing partner and founder of record-breaking startup Ziylo which topped the ranking of deep tech acquisitions when acquired by Novo Nordisk for up to $800 million for its smart insulin technology.
SCVC focuses on deeptech spin-outs: science and engineering discoveries that transition out of research institutions to form new start-up companies that can deliver global impact across healthcare and sustainability.
Harry Destecroix, founder of SCVC said: "The SCVC Team and portfolio are fortunate to have John's AI and computer vision, founding and exiting expertise available to us all. I have thoroughly enjoyed getting to know and working with him since last year, I have already learned so much.
"SCVC looks forward to building the best early-stage Deep Tech VC fund for European technical founders."
John said: “The partnership of two exited founders in a UK company is rare, but what is even more unusual – and in our opinion essential for any successful deeptech VC – is that the partners themselves are original inventors of the technologies. At SCVC, we leverage our backgrounds to really understand the technology in its pure state and work to identify the product that best leverages the technology’s strengths before even considering the market. This technology product fit model is unique to SCVC."