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Programme

Octopus Titan VCT

Finance and Risk Capital

Impact for scaleups

75

High growth potential companies

700

Job creation in the last year

45%

Revenue increase

1/4

Of new deals have a female director

Key sectors

Building & Construction Creative, digital, film, games & media Defence & security Engineering / Advanced Engineering Environmental Science & Technology Farming, fisheries & forestry Finance Food & drink Healthcare Impact ventures / Social Impact Life Sciences & Biotech Manufacturing / Advanced Manufacturing Professional services Technology & Communications Transport & Logistics

Octopus Titan is the UK’s largest Venture Capital Trust (VCT) with net assets now approximately £828m. In 2017, the ScaleUp Institute identified it as an exemplar of how the wider VCT industry has the potential and capacity to provide assistance to all stages of scaleup growth.

Titan VCT typically invests £1m-£5m in a first round investment and has the capability to follow on its investments up to £20m. The investment team is based in London and invests throughout Europe “with a bias to the UK.” It has built a portfolio of approximately 75 of the UK’s fastest-growing tech-enabled businesses with the potential for significant growth.

Notable scaleups that the VCT supports include Secret Escapes, Calastone and Digital Shadows. In 2018, Octopus Ventures expanded its investment team by nearly 50% as well as adding further portfolio and operational support to ensure it continues to be able to make new investments and manage the expanding portfolio. It has also refined its focus towards technology and tech-enabled businesses in the three key areas of industry, money and health. One-quarter of the investment teams backed in the past year by Octopus Ventures have had a female founder.

Octopus offers rapidly scaling businesses access to follow-on funding to promote significant growth, enabling high-growth companies to scale without the distraction or delay of seeking other funding sources whenever required. The firm’s wider network of Venture Partners provides hands-on help, practical guidance and professional connections to other portfolio companies and industry experts both in the UK and overseas.

Octopus has set up a New York office and collaborates with key partners in Singapore and Shanghai to help companies cope test and enter new markets. Approximately 70% of its portfolio companies generate revenues outside Europe, while 65% have international offices.

                       

Octopus Titan VCT website