Beringea raises £64m for VCTs

The fundraise is a record for Beringea and the second largest VCT raise in the last tax year, behind Octopus Ventures, which raised £229m.

The investor has already made four investments in the UK this year, according to Unquote Data, the largest of which was leading a £9m funding round for fintech firm Access Pay.

It has also opened a Manchester office in the last year, led by former Munzinich co-head Marc Shirman.

Beringea now manages $500m across its UK and US funds.

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