Foresight Technology VCT launches £15m share subscription offer

FWT share class

Foresight Technology VCT has launched a new offer for subscription to raise £15m, with an over-allotment facility to raise up to a further £10m through the issue of new Foresight WAE Technology (FWT) shares.

Since its launch in 2019, the FWT share class has raised over £25m to invest in early-stage companies focused on improving the productivity, efficiency and environmental impact of industrial sectors spanning manufacturing to energy.  Andy Bloxam, managing director for Venture Capital at Foresight Group, said: "The FWT Share Class has continued to achieve positive momentum over the past 12 months, with a number of investments into exciting, fast-growing firms at the forefront of their respective industries. Foresight Group eyes more M&A as acquisitions boost assets The Foresight Tec...