TLDR:
Investor Dr. Ilian Iliev brings a private equity model to venture capital, offering proactive support and value creation services to companies within NetScientific’s portfolio. Iliev founded EMV Capital in 2018 and became CEO of NetScientific in 2020. The recent acquisition of Martlet Capital has increased assets under management by 89% to over £100m. NetScientific has launched a fund management practice and aims to reach £200m in assets under management.
Dr. Ilian Iliev’s unique approach to tech investment includes taking a proactive position, board seats, and deep engagement with companies within NetScientific’s portfolio.
Iliev aims to cover costs and achieve super returns through a model focused on IP-intensive businesses with pre-revenue or early revenue stages.
The recent acquisition of Martlet Capital has increased NetScientific’s assets under management by 89% to over £100m, leading to the launch of two new funds and a fund management practice.
NetScientific’s group revenue for 2023 increased to £3.8m with losses decreasing to £2.9m. The company’s portfolio has surpassed 70 companies.
“The venture capital industry is at an inflection point,” says Iliev, highlighting the importance of a unique investment model in the DeepTech venture capital space.
