Growth fund delivers 55x return on Rising Star investment

Julian Viggars, head of technology investments at Mercia Technologies,
Mercia Technologies has achieved a 55x return on its investment in a robotic process automation company while one of its managed funds still holds a 4.9% stake. The high growth technology investor has completed another cash realisation from Blue Prism Group, based in St Helens. The RisingStars Growth Fund originally invested £900,000 and has to date had £49.1m returned, with a 4.9% stake remaining in the business which is yet to be realised. The fund is managed by Enterprise Ventures, which was itself acquired by lHenley-in-Ar... You can carry on reading for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...