Octopus Ventures publishes in a press release:
“Octopus today announces the successful raise of £83m from investors, including BP Investment Management, for its Zenith III fund. The Fund, which is managed by Octopus Ventures, focuses on providing high growth European technology businesses with the capital and expertise they need to fuel their next phase of growth.
Octopus is one of Europe’s largest technology investors, with 20 investment professionals managing over £1 billion in assets. Across its funds, Octopus’ Ventures team has invested into over 100 companies over the last decade.
Zenith III follows on from the success of both Zenith I and Zenith II which provide institutions with investment opportunities in a range of European growth businesses. Companies include Zoopla Property Group, Secret Escapes and Graze.”