NewMedia SPARK rebrands

NewMedia SPARK, the AIM-quoted venture capital investor, has rebranded itself as SPARK Ventures as it looks to expand its investment expertise beyond the new media sector to life sciences and healthcare following the acquisition of UK VC Quester earlier this year.

Tom Teichman, Chairman of SPARK Ventures, said: “We believe that the new name better reflects the evolving direction of the business, while at the same time retaining the recognised and respected brand that we have built up since the firm was founded 11 years ago and which carries a great deal of intrinsic value amongst our investors and portfolio companies. While we remain committed to the new media sector, our new name reflects the business’ expansion into, and appetite for, the management of investment opportunities across a more diverse range of sectors including technology, healthcare and life sciences”