Part of the venture capital management arm of Octopus Investments, Octopus Titan VCT backs entrepreneurs and innovative smaller companies.
Octopus Titan VCT will launch a new offer for subscription to raise the funds – with an over allotment facility of a further £80m – in the near future.
An offer document containing further details will be available to shareholders and potential new investors later this summer.
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Octopus Titan VCT has provided backing to companies such as Zoopla Property Group, SwiftKey and online travel company Secret Escapes.
Octopus’ venture capital trusts have invested over £600m on behalf of 25,000 investors since launching in 2002 and offer a range of such trusts to suit each client’s objectives.
The Titan VCT invests in early-stage companies with the potential for high growth.
Its diverse portfolio consists of around 50 entrepreneurial companies.
Octopus also offers AIM VCTs and Apollo VCT, which invests in AIM-listed companies and established smaller companies respectively.
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