Jean de Fougerolles
Jean is the Founder and CEO of Ascension Ventures (www.ascensionventures.com); one of UK’s foremost early stage fund. He has over 20 years’ experience working in media and technology businesses. After obtaining his MBA from INSEAD, he became Head of Distribution for MTV Europe out of its London office. Jean then started working at Two Way Media, a pioneer in cross-platform digital technology, games and content, where he became CEO and structured partnership deals with many leading content owners (Big Brother, Who Wants to be a Millionaire, X-Factor, Deal or No Deal, Test the Nation), broadcasters (BBC, ITV, C4, C5, Sky Sports, Flextech, Cartoon Network) and platforms (Sky, Virgin, UPC, BT). He then led the sale of Two Way Media to Virgin Media and a leading private equity group. Jean was also an early angel investor in Atom Shockwave, later sold to Viacom for US$200 million.
Over the last six years, Jean has developed himself as a technology investor. Under the brand name Ascension Ventures, he has done a number of early stage funds, investing across the UK (60+ seed deals) and is also setting up a Poverty Fund. He is a hands-on investor and plays an active role in the growth of businesses.
He is working closely with Unicorn to enable Unicorn companies to internationalise in Europe and also bring in joint venture partnerships to India. Ascension and Unicorn are exploring launching a joint cross border fund.