Albion completes £80m fundraise to continue supporting UK innovation

Albion Capital has completed the VCT top up offers. The £80m raised will be deployed in a strong pipeline of exciting new opportunities and to help accelerate growth within the existing portfolio of around 60 businesses.

This fundraise, supported by both existing and new shareholders, will enable us to continue investing across our portfolio of high-growth software, healthcare and mission critical tech enabled services. 

Will Fraser-Allen, Managing Partner at Albion Capital, says

VCTs play an important role bringing British innovation to life and supporting entrepreneurs on their growth journey. This results in positive economic and social benefits for the UK and valuable returns for patient VCT investors. This has been recently demonstrated by one of our companies, Quantexa, completing a funding round at a £1.4bn valuation.

Given the ongoing global economic and geopolitical challenges, we believe that the funding provided by VCTs is more important than ever and this well supported fundraise makes it possible to continue backing talented entrepreneurs to accelerate growth.