Foresight VCT top-up

Foresight Group has launched a top-up for Foresight VCT 2 ‘C’, its tech and cleantech fund. At full subscription this £10m share offering will take the total size of the fund, which was launched last year, to £24m.

Foresight VCT 2 ‘C’ is currently the only combined tech and cleantech fund of its kind on the market, giving investors access to the growing opportunities in the cleantech sector, as well as investments in more mature technology companies.

The cleantech focus is on companies in areas such as clean energy, environmental technology, sustainable development and infrastructure. Technology-related investments will have a strong focus on companies which are typically revenue-generating and either profitable or close to profitability.

Participating in this share offering will give investors access to the existing portfolio of investments including Closed Loop, the UK’s first food grade plastics recycling plant; O-Gen, an organic waste to energy business; and Iskra, a manufacturer of tree-sized wind turbines.