What it’s (really) like to raise investment

Almost exactly a year since we first walked through the doors into the Bethnal Green Ventures (BGV) accelerator programme we’ve now closed our first major investment round. It’s an amazing feeling to finally have everything signed and sealed, and it’s a great time for the team as we can now really push on with the next phase of our growth and development.

BGV asked if I’d sum up my thoughts on the investment process for their blog – and the article is now out: http://bethnalgreenventures.com/2014/08/01/what-its-like-to-raise-investment/

If you’re in a hurry, the TL;DR is “If you’ve not raised investment before, it will take longer than you think – be prepared for this by knowing people who have raised before.”

We won! Our startup was crowned Innovative Internet Business of 2014 at the Nominet Awards

Well that was a nice surprise! Last week Overleaf (the new collaborative scientific writing platform we’ve built following on from the success of writeLaTeX) was crowned the Innovative Internet Business of 2014 at the Nominet Internet awards!

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From the moon landings to collaborative open science

Today would have been the late Neil Armstrong’s 83rd birthday, and as it happens my sister was born on the very day Neil and Buzz landed on the moon back in 1969. I’ve always been a scientist, and I think this yearly anniversary helped fuelled a fascination with space and science that’s always stayed with me…

My younger self presenting a pod exhibition in Bath in November 2009

My younger self presenting a pod exhibition in Bath in November 2009

So begins my guest post for the Bethnal Green Ventures blog! Click here to read the full post, and feel free to leave comments below 🙂

A familiar sight on my first day in the BGV office

Ultra PRT Pod model at Nesta

First day in the office, and a familiar looking Pod is on display!

This is a scale model of a Heathrow Pod, the driverless taxi system I worked on for five years before founding writeLaTeX. There are twenty one of these running at Heathrow Airport, as part of the world’s first commercial PRT system — check them out if you’re ever at T5!

[youtube http://youtu.be/geshS2aguqs]

 

Joining Bethnal Green Ventures

July has always been a favourite month of mine — sunshine (occasionally), summer holidays (usually), and celebrations (it’s my birthday in a few weeks :-)).

This year July is bringing something new — a move to London and a place on the Bethnal Green Ventures accelerator programme.

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John Lees-Miller and I are the two founders of writeLaTeX, a free service that lets you collaborate in real-time on scientific papers and presentations, as part of a cloud-based approach to academic publishing. We’ve been developing writeLaTeX for a while now, and with its growing popularity we were looking for support and investment to take the idea further. A good friend of ours recommended the BGV programme, and we were delighted to be accepted as part of the 2013 summer cohort.

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