Jean de Fougerolles is the Managing Partner and Founder of Ascension. See sector focus and contact routes.
Jean de Fougerolles is the Managing Partner and Founder of Ascension, a London-based early-stage venture capital firm he launched in 2015 after over 15 years as an entrepreneur who founded and exited multiple media and technology businesses. His investment thesis targets pre-seed and seed stages across the United Kingdom, with a distinctive focus on “tech for good” startups that address the poverty premium and other societal challenges like childhood obesity and the cost-of-living crisis. Ascension typically deploys check sizes between £300,000 and £1.5 million per transaction, and Jean has served as the lead partner on 42 deals, indicating a strong tendency to lead investments rather than follow. Notable portfolio companies include Wagestream, Vidsy, Switchee, and Credit Kudos, the fintech firm acquired by Apple in 2022. De Fougerolles publicly articulates that the 2020s will be the “decade of purpose,” arguing that businesses leveraging technology to reduce social inequalities can deliver both returns and positive impact for people and the planet.
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