VC firm Praetura Ventures breaks £100m EIS funding mark
Manchester finance group, Praetura Ventures, has closed its latest EIS Growth Fund, marking a milestone £100m raised since its first EIS (Enterprise Investment Scheme) fund launch in 2019.
The VC investor is now looking to deploy around £15m into approximately 10-15 tech and life sciences businesses, mainly in the North of England, over the next six months.
About two thirds of Praetura's 27-strong portfolio of businesses are based in the North.
The investment group revealed it has already seen more than £1bn-worth of inves... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...