Funds

Catapult Growth Fund

Founded in late 2006, the Catapult Growth Fund is a £30m Enterprise Capital Fund targeting growth opportunities across the UK. Investors in the fund include regional pension funds and Capital for Enterprise (now British Business Bank).

Notable exits include Accutronics (9.1x), Lumora (4.7x), Oxford Cryosystems (5.2x), BWB Consulting (3.2x), Hangar7 (3x), Stagecoach (2x), Yospace (6.9x), Oracle Care and Education (3.4x).

East Midlands Regional Venture Capital Fund (EMRVCF)

Launched in 2002, Catapult's EMRVCF was the first of a group of regional development funds to be launched across the UK. Funded with £30m from the European Investment Fund and several local pension funds, EMRVCF invested in businesses exclusively in the East Midlands region.

Notable exits include Monica Healthcare (3.6x) and R2C Online (12.6x).

 Advantage Enterprise & Innovation Fund (AEIF)

AEIF was a £20m seed and early stage co-investment fund exclusively for businesses in the West Midlands, financed by the Advantage West Midlands regional development agency. The fund was liquidated in early 2020.

Notable exits included Silver Lining Solutions (1.8x), Whelan Refining (4.5x), Systems Integration (4.9x) and Abzena, which floated on AIM in August 2014.

Opus Ventures was co-founded by Laurence Vaughan in 2003 and provided loan and equity finance to companies needing up to £5m through its Synergy Fund. Opus was wholly owned by its partners and had no outside interests. It was not authorised. 

Notable exits included David Holmes BMW (2.5x), Demon Tweeks (1.7x) and QEK Global Solutions (4.5x).