1. News
July 25, 2018

M&S and Founders Factory establish joint venture to invest in startups

UK retailer Marks & Spencer (M&S) has partnered with venture capital firm Founders Factory to establish a new joint venture (JV), Founders Factory Retail, to invest in start-ups.

UK retailer Marks & Spencer (M&S) has partnered with venture capital firm Founders Factory to establish a new joint venture (JV), Founders Factory Retail, to invest in start-ups.

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How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.

M&S will hold a majority share within the JV, which will build a portfolio of investments in emerging start-ups.

This partnership complements the retailer’s ongoing digital transformation efforts.

M&S chief executive Steve Rowe said: “Partnering with Founders Factory as their exclusive retail partner gives M&S access to a global network of start-ups and entrepreneurs, which will provide disruptive thinking and questioning to the way we work at a time of critical transformation within the business.

“Founders Factory have a great track record in creating successful businesses and, by investing in new innovative technologies and products, we hope to change the way we work and operate.”

As part of the deal, the retail major will serve as an exclusive UK retail partner for Founders Factory.

“By investing in new innovative technologies and products, we hope to change the way we work and operate.”

It will also invest in various start-ups, sourced through Founders Factory’s global network with a focus on new technologies, business models and entrepreneurial thinking.

Founders Factory co-founder and executive chairman Brent Hoberman said: “We are excited to partner with M&S as our exclusive retail investor in the UK and combine the company’s scale and experience to support early-stage founders.

“After over 60 investments in the last two years, we have seen the huge potential of combining startup innovation with corporate scale and expertise, and so we are excited by this new chapter in a sector that is changing rapidly through technology.”

Earlier this month, M&S signed a strategic partnership with Microsoft to test the capabilities of technology and artificial intelligence in a retail environment.

Free Report
img

How attractive are current investment opportunities in Europe?

Europe has been identified as one of the most favorable regions for investors, seeing high investment activity in the past year. Most of these investments have been through Debt Offering, valued at close to $700 billion. The region has provided attractive investments in a diverse set of companies. Companies who tend to major themes such Digital Media, Cloud, Artificial Intelligence, E-commerce, and Big Data are recording the highest number of deals, with Digital Media recording close to 2,000 deals. However, GlobalData’s whitepaper offers a full view of the market, analyzing less successful or attractive points of investment as well, examining statistics on Equity Offering investments and PE/VC deals. Understand how government agencies for economies around the world use GlobalData Explorer to:  
  • Track the M&A and Capital Raising volumes into their target market
  • Identify the top sectors in the target market attracting the investments
  • For any investment segment, identify the top Investors inside and outside the target economy that are already investing in the Segment
  • Assess and showcase the growth potential for various Industries in the target economy
Don’t miss out on key market insights that can help optimize your next investment – read the report now.
by GlobalData
Enter your details here to receive your free Report.