Locky Wright
Business Development and Operations Manager at Loci- Claim this Profile
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Experience
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Loci
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United Kingdom
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Information Technology & Services
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Business Development and Operations Manager
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Nov 2023 - Present
London, England, United Kingdom
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Touchlab Limited
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United Kingdom
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Nanotechnology Research
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1 - 100 Employee
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Chief of Staff
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Jul 2022 - Nov 2023
Edinburgh City, Scotland, United Kingdom - Keeping one foot in the commercial team, I continue to identify and sell to high-profile clients (names can be provided). This includes supporting the entire sales cycle, from early discovery calls to contracting and closing with household name brands. Current pipeline value of $250k, closed ~$100k. - Supporting the CEO on strategy and direction, including market exploration, product line projections, and financial modelling. - Handling of investor relations: Monthly dashboard updates… Show more - Keeping one foot in the commercial team, I continue to identify and sell to high-profile clients (names can be provided). This includes supporting the entire sales cycle, from early discovery calls to contracting and closing with household name brands. Current pipeline value of $250k, closed ~$100k. - Supporting the CEO on strategy and direction, including market exploration, product line projections, and financial modelling. - Handling of investor relations: Monthly dashboard updates and quarterly newsletters. Instigated an increase in team reporting and management independence in support. - Organised multiple conferences from an operational and commercial (lead evaluation) perspective: Took ownership of the entire process and attended several including CES, ICRA and XPRIZE. - Other areas of ownership: company hierarchy and compensation reporting, hiring (job description to interviewing), developing company policies and employee handbook, commercial assets (product deck, 1-pagers).
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Commercial Lead
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Jul 2021 - Jul 2022
Edinburgh, Scotland, United Kingdom - First commercial hire in deep-tech start-up, Touchlab. - Identified various high-value market segments, selling trial dev kits to leading clients across each domain. - Updated sales pipeline and improved inbound sales processes to increase speed of throughput. 50% increase in trial dev kits sold over a 6-month period. - Developed financial projections, helping us to successfully raise a Seed round with leading VC’s such as Octopus Ventures. - Pushed for and implemented product… Show more - First commercial hire in deep-tech start-up, Touchlab. - Identified various high-value market segments, selling trial dev kits to leading clients across each domain. - Updated sales pipeline and improved inbound sales processes to increase speed of throughput. 50% increase in trial dev kits sold over a 6-month period. - Developed financial projections, helping us to successfully raise a Seed round with leading VC’s such as Octopus Ventures. - Pushed for and implemented product feedback tracking. Directly led to technology improvements and helped guide our early application focus.
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Creator Fund
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United Kingdom
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Venture Capital and Private Equity Principals
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1 - 100 Employee
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Investment Analyst
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Oct 2020 - Jul 2021
Creator Fund is the biggest student and academic focused VC fund in Europe. As an analyst, I: - Led the fund strategy at Warwick University - Sourced 30+ deals across the Midlands and UK - Worked on the due diligence team for 6 prospective investments, including 2 which were successful in raising from the fund. - Full CF training program covering topics from valuing a start-up to interviewing founders
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Warwick Incubator
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United Kingdom
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Professional Training and Coaching
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1 - 100 Employee
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Board Member
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Mar 2021 - Jun 2021
Warwick University
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Director
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Mar 2020 - Mar 2021
Led the UK's first ever student-run Incubator. 33 start-ups incubated under my term.
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Head of External Relations
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Oct 2019 - Mar 2020
University of Warwick
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NACUE
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United Kingdom
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Non-profit Organization Management
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1 - 100 Employee
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Member of the Student Enterprise Advisory Board
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Jun 2020 - Jun 2021
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Capital Pilot
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United Kingdom
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Information Services
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1 - 100 Employee
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Investability Assessor
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Dec 2020 - May 2021
Evaluated small company financials and pitch decks to assess their chances of success when fundraising. The conclusions were reported back to the start-ups, with advice on where to improve. This gave good exposure to a wide range of companies, and further developed my ability to critically analyse early-stage companies.
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The Conference of Student Entrepreneurship
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United Kingdom
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Civic and Social Organizations
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Co-Founder
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Aug 2020 - Mar 2021
Led a team of entrepreneurial enthusiasts based around the UK to build a conference from scratch, focusing on entrepreneurship and VC for students. The event managed over 200 sign-ups, and despite many setbacks, was largely a success. Not my most successful project, but with this came a lot of learning. More importantly, we positively impacted a significant number of students as set out to achieve.
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Education
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University of Warwick - Warwick Business School
Bachelor of Science - BSc, Management -
Alcester grammar school
A levels, Business studies (A*), History (A*), Psychology (A*)