Parkwalk has launched its second Knowledge Intensive (KI) EIS fund, which will target high-growth “deeptech” businesses.
The KI Fund I raised more than £20m last year and UK-based active investor Parkwalk said that it expects "strong investor demand" for KI Fund II. The second fund will mirror the investment strategy of Parkwalk's evergreen Opportunities EIS fund, by investing in high-growth, IP-backed companies. Moray Wright, CEO of Parkwalk, said that the fund launch coincided with the appointment of three new individuals to the Parkwalk team, "as investors recognise the opportunity in knowledge intensive start-ups". Budget reaction: Strong steps to help start-ups but do not ignore the power of EIS...
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