Bruce Macfarlane, former US M&A lawyer and Merrill Lynch investment banker, founded MMC Ventures in 2000. The business is now one of the most highly regarded VCs in the UK with significant loyalty from HNWs, who have provided £200 million of the £300 million MMC has under management. Investors like the fact that MMC has always focused on innovative technology companies – including Bloom & Wild, Gousto and Interactive Investor – and has a long record of profitable exits. Macfarlane’s wide network of contacts has recently secured Martin Morgan, ex CEO of DMGT, and Ian Barlow, chairman of HMRC, as MMC Advisory Board members. Artificial Intelligence (AI) has been a recent research theme, leading to five AI-driven investments.