DMG Ventures
DMG Ventures is the venture capital arm of Daily Mail and General Trust plc. Established in 2015, it focuses on investing in early-stage businesses within sectors such as e-commerce, prop-tech, publisher-tech, and media. The firm commits time, capital, and resources to support these start-ups, leveraging its extensive industry networks and media properties to help grow their brands and market presence.
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Past deals in Cyprus
Plum Fintech
Series A in 2021
Plum Fintech Limited, established in 2016 and headquartered in London with additional offices in Athens and Nicosia, develops Plum, an AI-driven money management application operating on Facebook Messenger. The company's software employs algorithms to analyze users' spending habits, enabling automated tracking and management of finances. As of now, Plum has assisted over 2 million individuals across Europe, offering services such as effortless saving, empowered spending, and accessible investing, including pension and tax-wrapper products.
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