Bloc Ventures (Bloc), a venture capital company focused on early-stage European deep technology investment, has appointed Andy Green CBE as Senior Independent Director and Sue Prevezer QC as Non-Executive Director.
Green CBE spent 22 years at BT in leadership roles including as a board member, four years as CEO of Logica (a GBP4 billion turnover business ahead of its acquisition by CGI in 2021) and five years as a NED at Arm (working with Bloc’s CEO, Bruce Beckloff and CCO, Michael Dimelow in the process). He’s held Chairman or NED roles at multiple global technology organisations and has in depth experience working with public companies. Andy was awarded a CBE in the 2020 New Year’s Honours list for services to the Information Technology Sector and to the British Space Industry.
Prevezer QC has over 25 years of experience arguing large complex commercial cases at every level of the UK judicial system and in arbitration and has sat as a Deputy High Court Judge in the Chancery Division of the High Court. She now practices at Brick Court Chambers as a mediator and arbitrator. Until recently, Sue spent 12 years as the Co-Managing Partner of London office of Quinn Emmanuel Urquhart & Sullivan, where her clients included major corporates, funds, investors, trustees, office holders and high net worth individuals, for whom she managed complex, high value, domestic and international litigation. She is also a Non-Executive Director at S4 Capital and Trustee of the Hampstead Theatre and Chair of the Trustees of the Freud Museum.
Andy and Sue join a board of directors that includes Paul Roy (with over 40 years’ experience in asset management and banking), Stephen Catlin (with over 40 years’ experience in insurance) and Sam Wren (CEO of IPGL and former COO of NEX Group).
Bloc has recently been profiled by research organisation Edison Group, shining a light on the company’s portfolio, investment strategy and key strengths. The Edison report commented on the strength of the management team and their operational experience. Adding Andy and Sue to the board further strengthens Bloc’s leadership team with deep tech industry experience. You can read the Edison report here.
To date, Bloc has raised GBP28 million in balance sheet capital which has been invested into 11 companies across cloud, connectivity, data science and security companies throughout Europe. Each of these companies is fundamentally innovating in their underlying technology to create globally scalable products and solutions Bloc’s intention is to raise new capital in the next 12-18 months ahead of a potential public offering in 2023.
Bruce Beckloff, Co-Founder and CEO of Bloc, says: “We are delighted to have Andy and Sue join the Bloc team. Their technology, legal and public company experience further strengthens the board as we work towards a public offering. We place great value in Bloc’s board of directors to not only bring tremendous experience and strategic direction but also their ability to connect our portfolio companies to their valuable network of global businesses.”
Andy Green CBE, Senior Independent Director of Bloc, adds: “Bloc represents a best-in-class early-stage investor in deep technology across communications and computing. Given my experience with both BT and Arm, this role represents an opportunity for me to add value to the company itself but also the portfolio companies it has invested in. I am very excited to be part of Bloc and am looking forward to the journey we’re about to go on.”
Sue Prevezer QC, Non-Executive Director of Bloc, adds: “Building a publicly traded investment company is a challenging journey and takes a significant legal effort to execute correctly. In addition, working with early-stage technology companies adds an exciting dimension to the undertaking and one that I’m delighted to be involved in. Having worked closely with S4 Capital in recent years, I’ve witnessed first-hand the incredible speed that companies and technology can grow across global markets.
