PE Tech Report


Like this article?

Sign up to our free newsletter

Deepbridge Capital seeks GBP1m SEIS raise

Venture capital investment manager, Deepbridge Capital, is opening a new GBP1 million tranche of the Deepbridge Innovation SEIS fund.

The Deepbridge Innovation SEIS enables private investors to access a portfolio of early-stage companies within the UK’s vibrant tech sector, whilst benefiting from the generous potential tax reliefs available via the Government’s Seed Enterprise Investment Scheme.
Providing seed investment to emerging UK-based tech companies, the fund seeks to provide capital to companies with exciting new technologies that seek to satisfy the needs of large and growing markets. 

The Seed Enterprise Investment Scheme is structured to provide eligible investors who are tax resident in the UK, with the opportunity to obtain tax advantages available under the Seed Enterprise Investment Scheme (SEIS) legislation; including 50 per cent income tax relief up to a maximum investment of GBP100,000 per tax year, 50 per cent CGT mitigation, tax free gains, 100 per cent inheritance tax exemption and share loss relief.

Investments in the Deepbridge Innovation SEIS are subject to a minimum subscription of GBP25,000 with funds expected to be deployed in the 2022/23 tax year.

Like this article? Sign up to our free newsletter