Octopus injects £1.6m into LifeBook
Octopus Investments has provided UK-based autobiographies publisher LifeBook with £1.6m of early-stage funding.
Equity was provided via Octopus's series of Titan VCTs. LifeBook will use the fresh funding to further develop its sales and marketing capacity. The company is notably aiming to grow in the over-50s market, both in the UK and abroad.
Company
Founded in 2010, LifeBook produces and publishes biographies for its customers. The process includes 27 interviews, reviews and edit meetings over a six-month period with a dedicated personal interviewer. The recordings are then written up by a ghostwriter and published as 10 hardback books.
People
Alan Wallace led the deal for Octopus.
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