Technology investment company Draper Esprit reported a gross portfolio value of £984m at year-end in its final results on Monday, up from £703m a year earlier.

The AIM-traded firm reported £206m of cash realisations for the 12 months ended 31 March, compared to £40m in the prior financial year, while its gross portfolio fair value growth surged to 51% from 10%.

A total of £128m was invested in the year, with a further £34m from Enterprise Investment Scheme (EIS) and Venture Capital Trust (VCT) funds, compared to £90m and £38m, respectively, in the 2020 financial year.

Its net asset value per share stood at 743p at year-end, up from 555p, while its net assets totalled £1.03bn, rising from £660m.

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