Enterprise Investment Scheme (EIS) investment manager Deepbridge Capital has now deployed over GBP100 million of capital via the Deepbridge Technology Growth EIS fund.
The fund was launched in 2013 as one of the first growth-focused technology EIS funds, providing private investors with access to a portfolio of early-stage investee companies across various intellectual-property-rich sectors, including energy and resource innovation, hardware technologies and IT-based developments.
With over 30 per cent of the fund having been raised within the past two years, capital has been provided UK-wide to 38 companies to date, with investee companies based across England, Northern Ireland, Scotland and Wales.
The Deepbridge Technology Growth EIS raises capital from private investors, with approximately 90 per cent of funds raised via financial advisers, and typically fully deploys investors’ capital within a month of receipt of the subscription, which according to research platform MICAP is amongst the quickest in the EIS market.
