Overview
Albion Venture Capital Trusts have completed a £90 million top-up offer, fully subscribed, to invest in high-growth companies in sectors like deeptech and healthcare. This funding aims to support innovative businesses, with 64% of portfolio companies advancing to scale-up stage. Notable holdings include Quantexa and Oviva. The managing partner emphasized the effectiveness of VCTs in backing UK entrepreneurs while providing tax-efficient returns.
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$112.5M
Albion Venture Capital Trusts have completed a £90 million top-up offer, fully subscribed, to invest in high-growth companies in sectors like deeptech and healthcare. This funding aims to support innovative businesses, with 64% of portfolio companies advancing to scale-up stage. Notable holdings include Quantexa and Oviva. The managing partner emphasized the effectiveness of VCTs in backing UK entrepreneurs while providing tax-efficient returns.