Octopus launches Ventures EIS fund of up to £20m
- On November 26, 2020
- By GrowthInvest Marketing
Octopus Investments is launching a new Ventures EIS to help small and early-stage businesses which will help with COVID-19 recovery
Octopus Investments is launching a £20m Ventures EIS fund to invest in smaller UK companies and early-stage tech companies with high growth potential.
It will invest up to £20m per company across its lifetime but the fund itself is evergreen. This £20m limit applies to ‘knowledge intensive companies’ (those carrying out research, development or innovation), but non-knowledge intensive EIS-eligible companies can apply too. In this case, the fund would be capped at £12m.
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