Octopus Investments will once again tap into individual investors in the UK for is Future Generations venture capital trust (VCT), which targets companies aligned with three impact themes: planet, people and healthcare. VCTs are investment vehicles designed to funnel individuals’ savings into smaller companies by offering tax relief. Octopus will try to raise £30 million (€34 million; $37 million) during this offering, having raised £32 million in its debut year 2022 (press release).
In brief: Octopus brings impact VCT back to market
Octopus will try to raise an additional £30m for its tax efficient vehicle for individual savers.
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