Story perspectives

Pembroke VCT Seeks £40M Amid Deep Tech Innovation Push

9/12/2025

Summary

Story summary

Pembroke VCT in the UK has initiated a share offer to raise up to £40 million, following a successful £51 million raise last year, reflecting strong investor confidence.
Scotland's Deep Tech Supercluster Programme aims to assist companies in manufacturing deep tech products, with support from partners like Scottish Enterprise and universities.
Launching in November 2025, the pilot program will provide tailored support and access to manufacturing facilities for deep tech startups.
Novosound, which develops ultrasound sensors, is optimistic about the program's potential to drive innovation in Scotland's deep tech sector.
KPMG's Emerging Giants program focuses on aiding fast-growth businesses by emphasizing market fit and sustainable financial models.

History

Historical Context

The UK government introduced the Seed Enterprise Investment Scheme (SEIS) in 2012 to encourage investment in startups, providing tax reliefs that led to a £1.5 billion boost for small businesses by 2020. This initiative reflects a broader trend of increasing investor confidence in sectors like deep tech, supported by organizations such as Scottish Enterprise and local universities, vital for economic resilience.

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Story summary

Pembroke VCT in the UK has initiated a share offer to raise up to £40 million, following a successful £51 million raise last year, reflecting strong investor confidence.
Scotland's Deep Tech Supercluster Programme aims to assist companies in manufacturing deep tech products, with support from partners like Scottish Enterprise and universities.
Launching in November 2025, the pilot program will provide tailored support and access to manufacturing facilities for deep tech startups.
Novosound, which develops ultrasound sensors, is optimistic about the program's potential to drive innovation in Scotland's deep tech sector.
KPMG's Emerging Giants program focuses on aiding fast-growth businesses by emphasizing market fit and sustainable financial models.

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