StockMarketWire.com - Venture capitalist Draper Esprit said momentum had continued following a 'transformational' year.

Since 1 April 2019, the company had invested £22.0m across 6 portfolio companies and a further £6.5m from its EIS/VCT funds.

The company also invested a further £2.2m into machine learning business Realeyes, which measures emotions through facial recognition technology, and €2.5m in Aiven, a cloud technology company developing a portfolio of database-as-a-service products, alongside Earlybird Digital West.

The company generated a total of £21.7m of realisations since the year-end 31 March 2019, including escrows.

For the year ahead, Draper said it had sufficient investment capacity with cash resources of £47.9m and an additional undrawn £50.0m revolving credit facility.


At 8:48am: [LON:GROW] Draper Esprit Plc share price was -2p at 542p



Story provided by StockMarketWire.com