Velocity Capital Advisors Ltd
The Velocity EIS fund is in absolute alignment with the Government’s new vision for investment into EIS. To date, the Velocity EIS has been running for over 2 years, has invested in 11 companies attaining a cumulative 2.6x valuation uplift across all its cohort of companies, with a partial exit of one at 6.6x of that originally invested within 13 months. The Velocity team has invested over £1m of its own capital, having closed 2 SEIS and 1 EIS funds to-date. Velocity are now seeking to continue to support their investee companies, and possible additions thereto, with a further £10m of investment, with a view to engineering at least two further exits by the end of the next financial year.