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10th June 2019

Praetura Ventures closes maiden EIS fund at £15 million

Praetura Ventures today has closed its 2019 Enterprise Investment Scheme (EIS) fund at £15m, making it the largest-ever maiden EIS fund. It will use the money to help address the £300m venture funding gap in the North West of England. The £15m investment vehicle will back 8-10 tech-enabled early-stage businesses predominantly in the region, who will use the capital to hire key staff, invest in new technologies and, ultimately, scale.

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