Octopus Investments Launches VCT to raise £20M
- On February 3, 2022
- By GrowthInvest Marketing
Octopus Investments has launched a venture capital trust (VCT) to raise £20m to support scaling up businesses.
Funds from the Future Generations VCT will go into scaling up early-stage businesses that support building a more sustainable planet, empowering people or revitalising healthcare.
The new VCT will be managed by Simon King, a partner in Octopus Ventures.
Alex Davies, chief executive and founder of Wealth Club, said: “This is the first VCT launch from Octopus in over ten years and the first under the new rules to have a focus on sustainability.
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