StockMarketWire.com - Draper Esprit, a leading venture capital firm investing in high growth digital technology businesses, has acquired Seedcamp Funds I and II for £17.9m.
Draper Esprit said that as a result, the company had acquired stakes in high profile growing technology companies including Transferwise, a leading UK based Fintech business.
It said the portfolio also included a number of promising companies including Codacy, Edited, Erply, Fishbrain, Codility, Winnow, Codeship and Try.com.
It said the portfolio's last reported NAV was £23.5m, resulting in an increase of £5.6m (~7p per share) for the company, against the latest reported NAV per share of 372p at the end of September (NAV per share, excluding goodwill, of 344p).
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