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Ali Mitchell
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Ali Mitchell

Co-founder of Odyssey Ventures, formerly of EQT Ventures; runs the fund from London and San Francisco.

Ali Mitchell, co-founder of Odyssey Ventures, saw the British Business Bank commit £10m to his fund's $50m Odyssey Discovery I on 23 July 2026.

Last refreshed: 31 July 2026 · Appears in 1 active topic

Key Question

Ali Mitchell's fund just got £10m in state money; what is it trying to fix for UK founders?

Timeline for Ali Mitchell

#13 23 Jul

Odyssey Ventures gets £10m state cheque

UK Startups and Innovation
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Background

Ali Mitchell, legal name Alastair Robert Mitchell per his Companies House filing as a director of Odyssey VC (UK) Limited, co-founded Odyssey Ventures with Michelle Robson, a transatlantic venture firm run from London and San Francisco.

Public reporting on Odyssey Ventures' launch describes Mitchell as a serial founder and a former leader at EQT Ventures ahead of the Odyssey launch. That claim rests on published reporting alone; Lowdown holds no primary-source confirmation of Mitchell's earlier career and flags the detail as unverified.

Odyssey Discovery I, the firm's $50 million pre-seed and seed fund, aims to give UK founders American capital and customer relationships before better-capitalised US rivals reach the same market, a strategy that state funding through the British Business Bank's Regional Angels Programme now directly subsidises.

Common Questions
Who is Ali Mitchell?
Ali Mitchell, also known as Alastair Mitchell, is a co-founder of Odyssey Ventures, a transatlantic venture firm he runs from London and San Francisco alongside Michelle Robson.
What fund does Ali Mitchell run?
Ali Mitchell co-runs Odyssey Ventures, including its $50m pre-seed and seed fund Odyssey Discovery I, which received a £10m commitment from the British Business Bank on 23 July 2026.Source: British Business Bank
Did Ali Mitchell work at a venture firm before Odyssey Ventures?
Yes, reporting on Odyssey Ventures' launch describes Mitchell as a former leader at EQT Ventures before co-founding Odyssey.Source: Tech Funding News