IN BRIEF: Draper Esprit reports "strong" deal pipeline

Draper Esprit PLC - venture capital firm - Says it invested GBP162 million in year ended March ...

Alliance News 8 April, 2021 | 7:19PM
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Draper Esprit PLC - venture capital firm - Says it invested GBP162 million in year ended March 31. The company notes that "strong" momentum continues, investing in new portfolio companies across a broad array of technology applications and several follow-on rounds in existing portfolio companies. Realisations for the year total over GBP200 million with full recent exit from Decibel by way of a trade sale to Medallia, and recent partial realisation of Trustpilot. Looking ahead , the company says it has "strong" deal pipeline with over GBP50 million of investment committee approved deals.

Current stock price: 830.00 pence, up 1.8% on Thursday

Year-to-date change: up 26%

By Evelina Grecenko; evelinagrecenko@alliancenews.com

Copyright 2021 Alliance News Limited. All Rights Reserved.

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Draper Esprit PLC 1,054.00 GBX -1.50 -

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