Praetura Ventures to Bridge Venture Funding Gap in the North West
- On March 19, 2019
- By GrowthInvest Admin
We are pleased to announce that Praetura Ventures is raising money for its first Enterprise Investment Scheme, which will be used to fund around eight to ten early-stage companies in the North West region.
Praetura Ventures, which was formerly known as Praetura Capital, has invested over £100m since 2011, with four successful exits to-date at an average of 8x return on investment. Its existing portfolio is made up of a number of the North West’s early stage businesses including Peak AI and Sorted.
The company plans to raise £15m of EIS capital as part of its mission to bridge the estimated £300m venture capital funding gap for scaling businesses in the North West of England.
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