DSW Ventures, the Warrington, UK-based venture capital arm of the Dow Schofield Watts group, has enhanced its team with an appointment and the promotion of an existing team member.
Doug Quinn, who joins as Partner, brings a wealth of experience in the life sciences sector, having led finance and operations teams across both publicly traded and venture capital-backed businesses. He served as the CFO at SkinBioTherapeutics PLC, where his financial leadership was instrumental in guiding the company through its IPO as well as its transition from a pre-revenue to revenue-generating business. Quinn will also continue as CFO at Videregen, a VC-backed regenerative medicine company.
In addition, Emma Cassidy, who joined the firm in 2021, has been promoted to Investment Manager. Cassidy, who has a degree in Chemistry and has experience working within technology businesses, has already made a significant impact. Her contributions included investments in B2B software with Hike SEO, and in life sciences in Aston Particle Technologies. Cassidy has also played an important role in leading DSW Ventures’ marketing and outreach activities.
Commenting on the news, Keith Benson, co-founder of DSW Ventures, said: “We are increasingly becoming a force in investing in, and successfully growing, regional start-ups. Doug’s extensive experience in life sciences will be critical as we further grow our portfolio and broaden our sector expertise. Doug will play a key role in leading deal negotiation and due diligence, management of our portfolio companies, and acting as a partner in the firm. His robust yet supportive approach is a very strong cultural fit with our team.”
DSW Ventures is an investor in early-stage scale-up businesses requiring venture funding of more than £100,000 on an SEIS or EIS basis. It is funded by a growing network of high-net-worth angel investors. DSW Ventures is the trading style of DSW Venture Capital LLP, which is part of the Dow Schofield Watts Group.
DSW Ventures is a partner in British Business Investments’ £150m Regional Angels Programme, designed to help reduce regional imbalances in access to early stage equity finance for smaller businesses across the UK. British Business Investments is a wholly-owned commercial subsidiary of the British Business Bank, the UK government’s economic development bank.
Dow Schofield Watts is a UK independent advisory and investment group, headquartered in Warrington, Cheshire and with offices in Manchester, Leeds, Aberdeen and London.