Team

Andrin Bachmann
Andrin brings both entrepreneurial and investment experience to Piton. He was a co-founder of Glocalnet, which became Sweden's 3rd largest consumer telecom service provider and was listed on the Stockholm Stock Exchange before being acquired by Telenor. He was a partner at M/C Venture Partners, one of the leading private equity investors in the US telecom services space. He was also one of two principals establishing an investment company that became QXL Ricardo PLC's largest shareholder in 2005, and was instrumental in the transformation of QXL leading to its sale to Naspers for around $1.9 billion. He holds an MSc degree in Computer Science from the Swiss Federal Institute of Technology (ETH).


Greg Lockwood
Greg has been a venture investor as a partner with UBS Capital, as an angel, and with Piton Capital since 1996. Prior to this he worked in telecoms corporate finance and held operating roles in classified media publishing. In his time with UBS he helped create Sunrise, the alternative telecom services provider in Switzerland, and made investments in sector-leading companies such as Betfair which became the world's largest betting exchange. Other investments include Wolfson, Attenda, Identify Software, Radlan, and BullionVault. Greg has a Masters of Management degree from the Kellogg Graduate School of Management.


Advisory Board Members

Martin Graham
Following a banking career where he was Global Head of Equity Sales at both DKB and West LB Panmure, Martin became Director of Markets and Head of AIM for the London Stock Exchange. With direct responsibility for all market facing functions at the exchange, and Martin has helped establish London as the world’s pre-eminent international equities market.

Josh Hannah
Josh is a hugely successful entrepreneur and online investor. He co-founded Flutter/ Betfair, and was an Entrepreneur in Residence at Benchmark Capital. He also acquired and re-energized ehow.com before selling it to Demand Media. He is currently a General Partner at Matrix Partners, one of the pre-eminent US venture capital firms.

Edouard Mercier
Edouard brings experience as an entrepreneur and investor in listed equities. He was a co-founder of Sendit, a mobile email start-up acquired by Microsoft in 1999. He was then CEO and main shareholder of Incomit, a telecoms software company acquired by BEA Systems in 2004. Edouard has lived in Asia from 1998 to 2001. He graduated from the Swiss Federal Institute of Technology (ETH) in Zurich with a Master in Electrical Engineering. He also received an MBA from INSEAD in 1992.

Pelle Törnberg
Pelle is one of Europe’s leading media executives and entrepreneurs. Until 2007 he was the President and CEO of Metro International, the company that pioneered free newspapers. Between 1997 and 2000 he was the President and CEO of Modern Times Group (MTG) and between 1993 and 1997 he was the President and CEO of Kinnevik Media. He is currently the Chairman of Seabay Capital Ltd.

Ed Wray
In 1999 Ed and his co-founder, Bert Black founded Betfair with the idea of applying financial trading technology to sports betting. In the subsequent years Betfair has grown into the highest transaction volume electronic exchange in Europe, and a £1 billion business. Ed has been instrumental in all aspects of creating and growing Betfair, and now serves as Chairman of the Board.