⦿ INSIGHTS

byFounders welcomes machine learning and HealthTech enthusiast, Magnus Hambleton, and expands the team into Stockholm

We’re humbled to announce that Magnus Hambleton has joined the byFounders investment team. Currently sitting with us at our headquarters in Copenhagen, Magnus will be one of the first employees to join the Stockholm office, which is due to open its doors in late 2022.
byFounders welcomes machine learning and HealthTech enthusiast, Magnus Hambleton, and expands the team into Stockholm
WRITTEN BY
Caroline Frantl Larsson
Head of Community & Comms
WRITTEN BY

Magnus has an industry agnostic mindset with a rooting interest in HealthTech (particularly FemTech) and ML/AI - an interest that perhaps stems from the insights he acquired while working at the digital birth control company, Natural Cycles. 

During his time at Natural Cycles, Magnus focused on growth and product all the while teaching himself machine learning to create a neural network-based fertility model. 

“The rate of progress in machine learning in the last few years has been astounding and startups that are quick to jump on these breakthroughs are already changing the world.”

Prior to Natural Cycles, Magnus worked as a consultant for the Boston Consultant Group (BCG) on projects ranging from banking transformations to using distributed python scripts to model telecommunication networks to value 5G spectrum licenses.

At university, Magnus co-founded and ran a coworking space and startup incubator for students, dropouts, and recent graduates. This is where he first developed his interest in early-stage startups and the unique set of challenges and opportunities they face. 

“Early-stage startups are the ones that will shape the world of tomorrow. By joining byFounders and working with its tight-knit community, I will dive into everything that is currently being developed on the market in the New Nordics, which is like getting a sneak peek into what the future will look like.”

Magnus is a keen advocate for diversity and inclusion in the tech industry and values this highly in his decision-making process. He donates 10% of his income to charities via Effective Altruism.

“Magnus’ startup background allows him to see eye-to-eye not only with founders but also their hardworking teams. It’s rare to find gems like Magnus who is not only intelligent and driven but also empathetic and genuinely passionate about contributing to a better VC and tech scene. Already in his first week he has made a real impact at byFounders!” - Sara Rywe, Partner at byFounders

Outside of work, Magnus likes to kitesurf, climb, hike, and play music. In the last couple of years, he’s found an interest in generative art and playing with large language and image models (in fact, parts of this announcement were generated by GPT-3). 

Magnus has an international background, having grown up in Sweden, Indonesia, Singapore, and New Zealand, and worked and studied in Australia and Switzerland, In 2018, he finally found back to his Swedish roots and now hopes to stay for a while! 

If you wish to get in touch with Magnus, he can be reached at magnus@byfounders.vc.

More about the author(s)
Caroline Frantl Larsson
Head of Community & Comms

By leveraging her background in coaching and community-building, Caroline ensures our founders are exposed to our catalog of value-add offerings by acting as a catalyst within our community. In addition, Caroline oversees the external communication of the fund and sees to it that the stories from our community are elevated and carried across the wider startup ecosystem.

Her passion for storytelling and community-building probably stems from a multicultural background (Denmark is her seventh home). Prior to joining byFounders, Caroline supported companies in scaling to the UK and US. She worked with world-renowned FMCG companies before pivoting into the Nordic startup ecosystem.

Outside of work, Caroline is usually trying her hand at one of her latest (sometimes quiet absurd) projects, like performing in an 80’s pop choir. She graduated from University of Chicago with a degree in sociology, applied communications, and philosophy, and holds a Diploma in Transformational Coaching from Animas Coaching Centre.

More about the author(s)
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