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Puma VCT 13 launches new £50m fundraise

26 September 2024
Puma VCT 13 has just launched a new £50m fundraise following a year of strong deployment. The launch follows the recent confirmation from HM Treasury to extend the VCT Sunset Clause to 2035 which was a much-needed boost to the sector. The VCT invests in scale-up, high growth potential businesses with the aim of providing attractive but stable returns.
 
The last 12 months have been a stand-out year for deployment into the VCT. New companies include:
•    Lucky Saint, the UK’s number one dedicated alcohol-free beer brand
•    Transreport, the UK’s fastest-growing accessibility technology company 
•    Aveni, driving AI revolution in financial services. 
 
Originally launched in 2017, Puma VCT 13 has been recognised as one of the best performing generalist VCTs in the market on a five year basis as at September 2024.
•    The VCT has assets of more than £150 million and has achieved several exits to date.
•    It currently has 20 scale-up UK companies in the portfolio. 
•    Puma Investments is an established VCT manager – Puma VCTs have collectively raised over £390 million and invested in over 60 SMEs. 
 
These join existing companies including Pockit, the digital account provider for under-served communities, men’s athleisurewear business Ron Dorff and voice isolation specialist IRIS Audio Technologies. 
 
This fundraise follows shortly after Puma Investments launching the first AIM VCT to the market for 17 years.

Find out more here.

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