Octopus Titan VCT embarks on £200m fundraise

Almost a year on from last fundraise

The Octopus Titan VCT has opened a £200m fundraise, targeting £125m initially and £75m allocated for overallotment.

The VCT is one of the largest in the UK, with total net assets at £1.1bn, invested across 140 companies. Nicholas Hyett, investment manager at Wealth Club, said that the "venture capital giant has been through a tough time recently". Octopus Investments launches joint £20m fundraise for two AIM VCTs Investing primarily in fintech, health, deeptech, B2B software, consumer, biotech and climate sectors he said "Titan's been hit hard by the tech slowdown over the last 18 months, while the collapse in the value of Cazoo, formerly the VCT's top position, has also weighed heavily on perfo...