Guinness Ventures launches £10m VCT fundraise
The first share allotment for the fundraise will be on 31 October 2023, and investors will have until 3pm on 30 October to submit funded applications.
The VCT, which invests in UK growth companies and may also co-invest with the Guinness EIS service, launched on the London Stock Exchange in March this year.
Guinness Ventures, the growth company investment arm of Guinness Global Investors, said the VCT's focus was on «companies that already have a proven product, service or technology, but are looking for funds to help them gain further traction in their respective markets».
Guinness Ventures launches VCT
The first share allotment for the fundraise will be on 31 October 2023, and investors will have until 3pm on 30 October to submit funded applications.
Shane Gallwey, head of ventures at Guinness Global Investors, said: «A totally new VCT is extremely rare, with very few launched over the last decade and this new vehicle underlines the strength of our expertise in this area.
»We are seeing plenty of excellent growth company investment opportunities from across the UK and are now raising additional funds to back some of the UK's future winners.
«We draw on the extensive investment management, venture capital and private equity experience of our highly experienced investment team who are truly invested in the success of the companies that make up our portfolio.»
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