LDC-backed Fever Tree, a tonic water and mixers brand, has raised £93.3m in its IPO on the London Stock Exchange’s AIM, giving it a market cap of £154.4m.
European Investment Fund also invested in the round alongside various business angels
Previous investors High-Tech Gründerfonds and Bayern Kapital also took part in the round
London-based banking-related technology business was founded by former Barclay's CEO Anthony Jenkins
Italian sovereign fund Cassa Depositi e Prestiti acted as anchor investor for the two vehicles