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Octopus adds venture partner manager

16 Aug 2011

London-based early stage investor Octopus has announced the appointment of George Whitehead as a venture partner manager.

Previously, Whitehead worked as a business development director for NESTA Investments, where he supported a number of programmes targeted at early stage growth businesses.

Prior to this, he set up a biotechnology incubator, and managed an ICT incubator in Canada on behalf of the University of Toronto.

“George brings with him great experience of adding value to growing businesses and is a significant asset to a team where supporting the entrepreneur is the core of the business model,” said Simon Rogerson, Octopus’ CEO.

Whitehead, whose role will be to engage and develop the Octopus Venture Partner Group, said, “At the heart of Octopus’ offering is a group of venture partners who have been there and done it before.

“The team here recognises how critical it is for entrepreneurs to have an exceptional network to draw on when building a fast growing business.

“The venture partner group is made up of high calibre, seasoned entrepreneurs who understand the challenges of a growing a business and are prepared to roll up their sleeves to get involved when asked,” he added.

Earlier this month, the firm set a fundraising target of £120m for a new venture capital trust and Enterprise Investment Scheme by year-end as it looks to capitalise on the country’s small-scale solar market.

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