Fast‑Track Funding: Mobeus VCTs Land £9.6 Million in Just One Hour
Picture the scene: the crowd’s buzzing, wallets ready, and the countdown begins. In the first 60 minutes of their Wealth Club launch, the Mobeus VCTs pulled in a jaw‑dropping £9.6 million—double their previous record, and a staggering 140 % jump in that first hour alone.
What’s the Deal?
- Offer size: Up to £90 million total (£70 million core + £20 million overallotment)
- Assets under management: Roughly £338.5 million
- Portfolio breadth: About 50 youth‑focused UK companies looking to make waves
Investor Whisperer: Nicholas Hyett
“It’s the fastest ever raise for Mobeus through Wealth Club, and by a long margin,” says Nicholas Hyett, Investment Manager at Wealth Club. “The speed shows that when you present a solid opportunity—Mobeus VCTs does just that—wealthy investors still have the appetite to back young, innovative UK businesses.”
In a world that has seen some hesitation in venture capital lately, this enthusiasm is the warm welcome the industry has been longing for.
Why It Matters
Beyond the bragging rights, this fundraise is a boon for the broader economy. Young businesses are the backbone of job creation and growth. A record‑breaking day signals that the tide might be turning for VCTs, opening fresh avenues for startups to flourish.
All Eyes on Mobeus
With this bang at the start of the VCT season, Mobeus VCTs might just be the compass pointing investors back to the ancient treasure: the UK’s next generation of high‑growth companies.
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