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Edmund Thomson Jones
Partner and London Co-lead at True Search
Edmund Thomson Jones is a headhunter at True Search, specializing in placing Investment Professionals in PE, Growth, and VC roles.
He serves as the international liaison for BeTrue, True Search's LGBTQ+ Employee Resource Group, striving to foster equity and inclusivity within the search industry.
Edmund holds a BA Hons in English Language and Literature from the University of Oxford and has also attended Stowe School.
With prior roles as Partner and London Co-lead at True Search, Director at Kea Consultants, and Senior Consultant in Private Equity and Financial Services Strategy at The Barton Partnership, he brings a wealth of experience.
During a gap year, Edmund served as a Music Assistant at The Pilgrims' School in Winchester.
For inquiries, Edmund Thomson Jones can be contacted directly at [email protected].
Highlights
NATO is launching a €1bn venture fund to help bolster the Deeptech ecosystem within the Alliance, and I'm very excited to be working on the search for the fund's CEO and Senior Management Team.
This is a potentially game-changing development for hardware and deeptech related innovation - patient, long-term capital with the goal of providing seed-stage start ups with the connections to defence, government, and enterprise that they need from the very start of their journey. Click the link to learn more - and please reach out if you want to chat further.
#startups #innovation #deeptech #climatetech #dualuse #security
Money alone won’t make Deeptech and Climate investments successful.
There’s been a crazy amount of money raised in “transformative tech” recently, and it feels like that’s only increasing. There have been statement funds announced by large multi-strategy investors, and new start-up funds are cropping up all over the place.
What’s driving this? There are a few potential answers:
- we’re at a pivotal moment for deep tech innovations which can transform the world. This feels like the most shallow to me. The current moment is always pivotal if you confine yourself to looking at emerging and disruptive technologies.
- we’re at a pivotal moment for climate. This is a platitude, but I think it’s worth saying and I think it’s the second biggest driver. People are wearing T-shirts and sunglasses in November, and it’s becoming clear that the best case scenario we can now hope for is both a) way worse than we’d like, b) still reliant on actual, hardcore, technical innovation that hasn’t happened yet, and c) not going to be reached solely by software companies with a clever recurring revenue model. That being said, we’ve known this for years, people have been working on hardware solutions for years, and it’s not that there are many more new solutions to invest in as much as there is an increase in demand for these solutions. Which leads to the last point:
- the pivotal moment for climate has led to a huge supply of capital from LPs, which has led to a huge supply of funds from GPs. Cheap money in an otherwise difficult market is hard to turn down.
I’m in many ways delighted about this last point, because more money will definitely help the deeptech landscape grow. But it’s not enough by itself - funding alone doesn’t create unicorns. There need to be actual solutions to actual problems. And the issue with so much of the money entering the ecosystem is that it’s expecting deeptech solutions to evolve in exactly the same way as traditional venture.
In reality, as the cliche goes, hardware is hard. And traditional venture funding with traditional venture returns expectations can only go so far. Venture investors backing start ups with a much higher risk profile and a much longer path to market will likely diversify that risk with a wider spread of investments and therefore be able to give less help to those firms. But in reality the opposite is needed. The long path to market means that start ups need arms around them to help get through financing “death valleys” and meaningful connections to enterprise to help speed that path up. Real partnership with a consistency that exceeds the usual venture timeline.
What world needs now is love, sweet love. Well, it needs deeptech. And deeptech needs love. Real, sweet love from investors who can spend a lot of time with the companies for 15 years, through thick and thin.
Watch this space. There are some things coming to market soon which will help address this problem. 👀
But we always need more.
