Read previewOctopus Ventures, a London-based investment firm, has laid off 8 employees, sources have told Business Insider. Related storiesSeparate from the layoffs, Malcolm Ferguson, who led Octopus Titan VCT, has left the fund to join London firm ETFS Capital. Following the headcount reduction, the investment team across all Octopus funds totals 41 people. Octopus Ventures' portfolio includes Elliptic, Secret Escapes, ManyPets, and Peak.ai. Octopus Ventures serves as the venture arm of Octopus Group.

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Persons: —, Malcolm Ferguson, Jo Oliver Organizations: Service, Business, Capital, COVID, Octopus Ventures, Octopus Locations: London