Octopus Apollo VCT plc is a venture capital trust focused on development and expansion investments in smaller unquoted companies in the United Kingdom. It invests in small and medium-sized businesses, particularly B2B software, technology, IT infrastructure, cybersecurity, and sales and marketing. Typical debt investments range from £1 million ($1.64 million) to £2 million ($3.29 million), primarily structured as secured loans using instruments such as ordinary and preference shares, loan stocks, and convertible securities. The fund aims to hold investments for three to seven years, exit mainly through trade sales, and appoint a director or formal observer to each investee company's board. It may hold uninvested funds in cash and money market funds, with a maximum of £1 million ($1.64 million) invested per company in a fiscal year and generally no more than 15% of assets at cost in a single company.
UK