VGC Partners closes fund at over £50m to invest in consumer, media tech

Growth capital investor VGC Partners has closed its Fund II at £50.3 million, to target UK-based consumer, media and tech companies. The firm, which currently has about £100 million of assets under management, has been supported by a £30 million commitment from the British Business Bank through its Enterprise Capital Funds (ECF) programme for early stage venture capital. Additional funds have been secured from private investors and high-net worth individuals

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