Parkwalk Advisors launches UK university spinout EIS fund

The Knowledge Intensive EIS fund III aims to raise £15m for high-growth knowledge intensive companies, while providing tax benefits to investors via the Enterprise Investment Scheme, which offers tax relief. The fund is the third in the series, first launched in January 2021, with the first two raising more than £45m since. Some of the companies backed by the previous funds included clean energy technology provider Bramble Energy, semiconductor chip designer Accelercomm and veterinary biopharmaceutical company PetMedix. Treasury confirms extension to VCT and EIS sunset clause Mo...