Sweet taste of success: Venture capital-backed firms toast year of growth despite pandemic

Small caps reap huge rewards

Investment Week
clock • 1 min read

Listed UK companies had a difficult year in 2020, as the coronavirus pandemic wrought huge damage on the country and other global economies, with many firms having zero revenues for months amid global lockdowns in H1.

Listed UK companies had a difficult year in 2020, as the coronavirus pandemic wrought huge damage on the UK and global economies, with many firms having zero revenues for months amid global lockdowns in H1. While a number of the largest companies in the country were busy cutting dividends and desperately raising capital to see them through the crisis, many smaller businesses thrived by pivoting their business strategies to benefit from some of the significant shifts Covid-19 accelerated through the past 12 months. In the gallery above, a selection of venture capital trust and enterpri...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on VCTs/EIS

AIC urges Treasury to exempt VCTs from cost disclosure requirements

AIC urges Treasury to exempt VCTs from cost disclosure requirements

Amendment to draft legislation

Valeria Martinez
clock 09 October 2024 • 1 min read
Deep Dive: VCT fundraising back in vogue despite concerns of upcoming tax hikes in Budget

Deep Dive: VCT fundraising back in vogue despite concerns of upcoming tax hikes in Budget

VCTs raised £882m in 2023-24 tax year

Linus Uhlig
clock 04 October 2024 • 4 min read
Puma Investments launches up to £70m fundraise for VCT 13

Puma Investments launches up to £70m fundraise for VCT 13

£20m over-allotment

Sorin-Andrei Dojan
clock 25 September 2024 • 1 min read
Trustpilot