Octopus Titan VCT plc (OTV2.L)
Octopus Titan VCT plc operates in the Asset Management industry of the Financial Services sector, headquartered in London, GL, GB. The stock last traded at $17.50, up 0.00% on the session, giving a market capitalisation of $288.4M. Its beta of -0.06 implies it has historically moved less than the broad market.
Octopus Titan VCT plc operates as a venture capital trust, primarily investing in smaller, unlisted companies situated in the United Kingdom. It provides capital across various growth stages, from early-stage startups to businesses in their expansion phase, with a strategic focus on sectors such as environmental, technology, media, telecommunications, consumer lifestyle, and wellbeing. For initial funding rounds, the trust typically allocates between £0.25 million (approximately $0.35 million) and £25 million (around $35.3 million). While the standard investment horizon is five years, the fund reserves the right to divest sooner should a profitable opportunity arise. Furthermore, Octopus Titan VCT generally seeks to secure a board seat within its portfolio companies.
Octopus Titan VCT plc is most often compared with the following Financial Services names: