Growth capital investor VGC Partners is launching a GBP10m specialist EIS fund that will invest in early-stage businesses working with the next generation of technology and consumers.
The fund will focus on businesses at Series A stage in consumer technology, digital media and gaming. The businesses selected will have proven products and markets plus the potential for rapid user or customer adoption and scalability.
VGC Partners manages over £100m of growth capital, and over the last 10 years has established deep networks with industry executives, corporate partners and funds across its target sectors. The firm will leverage its expansive network to introduce corporate partners that can support investee companies with technical mentorship, business-acceleration and marketing support. In addition, investee companies may access co-investment or follow-on funding from VGC Partners’ later stage funds or other venture capital funds within its network.