Bloc Ventures

Company

Investment-firm

Last deal

$26.12M
Local Amount - GBP 20M

Amount

Venture - Series Unknown

Stage

27.01.2020

Date

1

all rounds

$26.12M

Total amount

Financing round

General

About Company
Bloc Ventures is a deep tech investor supporting ambitious startups.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.2013

Number of employees

Last funding type

Venture - Series Unknown

IPO status

Private

Description

Based in the UK, Bloc Ventures focuses on investing in early-stage tech companies in fields such as AI, wireless connectivity, and supercomputing. With a track record of successful exits and an average investment range of $5-10 million, Bloc Ventures is known for its expertise in mobile and telecommunications. The fund prefers startups that are 6-10 years old and typically invests in rounds with 2-3 participants. Some of its notable portfolio companies include Zeetta Networks, Crypta Labs, and Pharrowtech. Bloc Ventures is backed by sponsors like imec.xpand, Vodafone, and Sway Ventures, and often co-invests with Vodafone and ARM in subsequent funding rounds. The team at Bloc Ventures consists of experienced engineers and technology enthusiasts with a background in companies like Arm and Vodafone, leveraging their operational experience and industry relationships to help startups succeed.
Contacts

location

Contact Email

Social url

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Financials

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1

Number of Funding Rounds

$26.12M

Money Raised

Their latest funding was raised on 27.01.2020. Their latest investor Warren East. Their latest round Venture - Series Unknown

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People

Founders
2
Bruce Beckloff
Bruce Beckloff

Bruce Beckloff

Bruce is the CEO and co-founder of Bloc Ventures, targeting investment in early life-cycle companies focused on the emerging Industrial Internet market. Before this Bruce was with ARM Holdings for 12 years serving as head of Corporate Development responsible for corporate strategy development, M&A, and investments. Bloc Ventures Recently, Bruce has been assisting the UK government as a venture capital Strategic Adviser helping the UK’s high growth early stage companies access financing from venture providers.He graduated from the Georgia Institute of Technology with a Bachelor and a Masters in materials science and holds a Masters in Business administration from the Southern Methodist University.

current job

Bloc Ventures
Bloc Ventures

Bruce Beckloff

David Leftley
David Leftley

David Leftley

David has more than 30 years global technology industry experience in start-ups and multi-nationals as an engineer, manager, director and investor. From 1983 he worked as a design engineer in the defence industry, specialising in radar and airborne electronic countermeasures, first at Cossor Electronics and then at Racal Defence. In 1987 he moved into the TV and film industry, working for Abacus Cox and then Vistek on the design of the world’s first digital TV production technology. In this time he progressed to become R&D Manager and later became General Manager. In 1996, as CTO he founded Digital Vision UK for DV AB of Sweden, a world leader in video compression, transmission and post production technology, securing contracts with the BBC, several Hollywood studios and customers as far afield as China. In 1999 DV AB successfully went to an IPO. In 2009 he joined Vodafone’s corporate venture team as head of its European activity, closing numerous investments in Mobile Health, Clean Tech, Infrastructure and Financial Tech services. In this time the fund ranked in the top 5 CVCs, achieved an IRR of 27% and in 2012 received an industry award for its exit of portfolio company Amobee for $321M. In 2010 David was ranked in Wired Magazine’s top 100 innovators’ list. He represented Vodafone on the boards of nine portfolio companies. In April 2013 David departed Vodafone to establish Bloc Ventures with Bruce. He has a Bachelor of Science (Honours) degree in Electrical and Electronic Engineering from the University of Aston Birmingham, and is a Chartered Engineer.

current job

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Bloc Ventures

David Leftley

Employee Profiles
7
Sue Prevezer QC

Sue Prevezer QC

Non-Executive Director

Andy Green CBE

Andy Green CBE

Senior Independent Director

Dimitris Stoimenou

Investment Director

David Leftley

David Leftley

Co-Founder and Managing Partner

Bruce Beckloff

Bruce Beckloff

co-founder and CEO

Andrew Griffin

Andrew Griffin

CFO

Paul Roy

Paul Roy

Chairman

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