Praetura Ventures has closed its latest EIS Growth Fund taking the total raise by the firm in the last three years to £100 million.
Following the fund close, the venture capital investor is looking to deploy c£15 million into around 10-15 tech and life sciences businesses in the next six months, predominantly in the North of England.
Of Praetura’s portfolio of 27 businesses, almost two thirds are based in the North, highlighting Praetura’s long-term commitment to funding the region’s economic growth.
Praetura has seen over £1 billion worth of investment opportunities already this year, with businesses across multiple sectors reaching out to the VC for help funding their growth. In addition, Praetura has completed eight investments in the first quarter of 2022.
