Home - Pembroke VCT

06/03/2023

Pembroke VCT’s Latest News

View the full newsletter here. As we reflect on 2022, it is clear to us that it has not been all doom and gloom. As in previous times of economic uncertainty, ambitious founders and management teams grasp opportunities that ensure their businesses not only survive, but in many cases, thrive. We are proud to partner […]

09/02/2023

Branding Workshop with Sonder & Tell

How do you build a compelling brand story that customers will resonate with? We recently hosted an Branding Workshop for our founders in partnership with Kate Hamilton and Lucinda Toole from Brand Strategy agency, Sonder & Tell to find out what makes a good story and how companies should apply this framework to create an […]

06/02/2023

Dividend Declaration & Net Asset Value

Dividend The Board of Pembroke VCT plc has resolved to pay an interim dividend of 2.5 pence per B Ordinary Share on 30 May 2023. The record date for the interim dividend is 28 April 2023, the ex-dividend date is 27 April 2023 and the last date for receipt of elections in respect of the […]

16/11/2022

Half-yearly report for the six months ended 30 September 2022

The Directors are pleased to attach the Company’s Half-Year report for the six months ended 30 September 2022. Click on, or paste the following link into your web browser, to view the associated PDF document. https://pembrokevct.com/wp-content/uploads/2022/11/Pembroke-HYR-2022.pdf For further information, please contact: Andrew Wolfson / Chris Lewis Pembroke Investment Managers LLP (Manager) +44 20 7766 6900 […]

07/11/2022

Pembroke VCT invests £1.5m into accessible womenswear brand Ro&Zo

Pembroke VCT has today invested £1.5 million into accessible womenswear brand Ro&Zo to drive its direct to consumer offering and expand the business. The deal was managed by strategic advisory firm finnCap. Ro&Zo is a female-founded brand made by women, for women. Established by co-founders Rosie Bowden and Zoe de Abreu in the aftermath of […]

01/11/2022

Pembroke VCT invests £1 million into aspirational makeup brand, VIEVE

Pembroke VCT has today invested £1 million into VIEVE, the aspirational and purposeful makeup brand transforming the cosmetic landscape, as part of a £5.5 million Series A round. Investing alongside Pembroke VCT are Venrex and Samos (the early stage investors in Charlotte Tilbury) and Active Partners. Born from artistic passion and purposeful belief in the […]

26/09/2022

Pembroke VCT leads £3.7m investment into ethical glasses brand Bloobloom

Pembroke VCT has invested £2.5 million into ethical glasses company Bloobloom as part of a £3.7 million fundraise. Investing alongside Pembroke VCT are DMG Ventures and several angel investors. Established in 2018 by brothers Abbas and Fares Manai, Bloobloom is disrupting the glasses market by selling premium spectacles and sunglasses at a fair price, via […]

08/09/2022

Publication of Prospectus

View the full prospectus here. Pembroke VCT plc (the “Company”) has today published a prospectus (the “Prospectus”) in relation to the offer for subscription of up to £40 million of B Ordinary Shares of 1p each in the capital of the Company with an over-allotment facility for up to a further £20 million of B […]

08/09/2022

Newsletter September 2022

Please view the full newsletter here. We are delighted to announce that Pembroke VCT is now a £200 million fund with a maturing portfolio of over 40 growth-stage companies. We aim to find exceptional and innovative founders to grow the businesses of tomorrow. We continue to invest in founder-led businesses with our ‘stepping-stone’ investment strategy. […]

09/08/2022

Pembroke VCT leads £2.5m investment into podcast solutions brand Auddy

Pembroke VCT has invested into Auddy, the award-winning podcast business founded by former Virgin Executive and Virgin Radio International founder, Andrew Craissati. The £2.5 million round was led by Pembroke VCT, which invested £1.8 million, and was supported by existing investors Haatch Ventures and Brick Capital Ventures. Auddy was established in 2020 by Andrew together […]

06/07/2022

Notice of Annual General Meeting

Notice is hereby given that the ninth annual general meeting of Pembroke VCT plc will be held at 9.00 a.m. on Thursday, 29 September 2022 at 3 Cadogan Gate, London SW1X 0AS for the purpose of considering and, if thought fit, passing the following resolutions (of which, resolutions 1 to 9 will be proposed as […]

05/07/2022

Annual Report and Financial Statements for the year ended 31 March 2022

The Directors are pleased to attach the Company’s Annual Report for the year ended 31 March 2022. Click on, or paste the following link into your web browser, to view the associated PDF document. https://pembrokevct.com/wp-content/uploads/2022/06/Pembroke-VCT-plc-Annual-Report-Accounts-March-2022-3.pdf For further information, please contact: Andrew Wolfson / Chris Lewis Pembroke Investment Managers LLP (Manager) +44 20 7766 6900 Robin […]

30/06/2022

Pembroke VCT leads £2m investment into pregnancy care brand My Expert Midwife

Pembroke VCT, the venture capital trust focused on backing early-stage businesses led by exceptional founders and management teams, has invested into My Expert Midwife, the award-winning, midwife-founded brand for pregnancy, birth and beyond. The £2 million fundraise was led by Pembroke, who invested £1.5 million alongside existing shareholders and angel investors. My Expert Midwife was […]

14/04/2022

Pembroke VCT invests further £2m into OnePlan

Following initial investment into the innovative event management platform last year Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested a further £2m into OnePlan, the collaborative, real-time event management platform, as part of a £4.1m investment round. The new funding comes as OnePlan […]

28/03/2022

Pembroke VCT exits modern luxury fashion brand ME+EM achieving a 16x return on investment

-Third successful exit in just over a year- Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has sold its investment in ME+EM – the British direct-to-consumer fashion brand – achieving a return of 16x its original investment. ME+EM is Pembroke’s third successful exit in the space […]

16/03/2022

March newsletter 2022

Please view the full newsletter here. Pembroke VCT is now a £180 million fund with a maturing portfolio of over 40 growth-stage companies. In the 12 months to December 2021, we are proud to have increased our total return from 127.2p to 148.3p per share, as well increased our NAV by +10.1p to 123.3p per […]

10/03/2022

Pembroke VCT invests £500k into children’s book and multimedia brand Annie Mals

Educational publishing equipping children to deal with contemporary issues Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested £500k into Annie Mals, a children’s education brand launching its maiden offering, a series of books devised to give children confidence to engage with contemporary issues, such […]

07/03/2022

Pembroke VCT invests £3m into surgical software company Cydar Medical

Pembroke VCT invests £3m into surgical software company Cydar Medical The ‘sat nav’ for endovascular surgeons Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has made an initial investment of £3 million into Cydar Medical (“Cydar”), the surgical augmented intelligence company using software to revolutionise every […]

21/01/2022

Pembroke VCT portfolio company United Fitness Brands acquires triyoga

Deal adds a fourth brand to fitness and wellbeing ‘supergroup’ Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, is pleased to announce that portfolio company United Fitness Brands (‘UFB’) has further expanded its health and wellbeing ‘supergroup’ with the addition of triyoga – which joins existing […]

02/12/2021

December Newsletter 2021

View the full newsletter here. We are delighted to share the December newsletter with you. Pembroke VCT is now a £160 million fund with a maturing portfolio of over 40 growth-stage companies. Since September 2020, we have returned £26.3 million to shareholders; this includes £16.5 million of dividends (14 pence per share) and £9.8 million of […]

19/11/2021

Half-yearly Report for the six months ended 30 September 2021

The Directors are pleased to attach the Company’s Half-yearly Report for the six months ended 30 September 2021. Click on, or paste the following link into your web browser, to view the associated PDF document. https://pembrokevct.com/wp-content/uploads/2021/11/Pembroke-Interim-RA-2021.pdf The Half-yearly Report may also be downloaded from the Company’s website at https://pembrokevct.com/current-offer/ For further information, please contact: Andrew Wolfson […]

22/10/2021

Pembroke VCT is lead investor in £2.6m JustWears fundraise

The company making functional, sustainable, high-quality basic wear. Pembroke VCT, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has invested £2m into JustWears, the men’s basic wear brand focused on comfortable, sustainable and high-performance fabrics. JustWears was launched in 2018 by co-founders Yang Liu and Alex Walsh to […]

05/10/2021

Pembroke VCT invests £1m into food delivery disrupter Peckwater Brands

Data driven, delivery-only virtual food brands increasing revenue for local restaurants Pembroke VCT has invested £1m into Peckwater Brands, the creator of data-driven virtual food brands, which develops delivery-only, fully-serviced food concepts to increase revenue for existing restaurants, its franchisees. Launched by co-founders Leo Bradshaw and Sam Martin in June 2020, Peckwater’s solution allows independent […]

04/10/2021

Results of Annual General Meeting

Pembroke VCT plc (the ”Company”) At the Annual General Meeting of the Company held on Thursday 30 September 2021 at 9.00am, the following resolutions were duly passed. Ordinary Resolutions To receive the Directors’ and the Independent Auditor’s Reports and the Company’s Financial Statements for the year ended 31 March 2021. To approve a final dividend […]

08/09/2021

Pembroke VCT launches new £40m offer

Pembroke VCT launches new £40m offer with over allotment facility for further £20m Pembroke VCT plc, the venture capital trust focused on backing early-stage businesses with exceptional founders and management teams, has launched a new share offer to raise up to £60 million (an initial £40 million, with an over-allotment facility for a further £20 […]

08/09/2021

Publication of Prospectus

Pembroke VCT plc Pembroke VCT plc (the “Company”) has today published a prospectus (the “Prospectus”) in relation to the offer for subscription of up to £40 million of B Ordinary Shares of 1p each in the capital of the Company with an over-allotment facility for up to a further £20 million of B Ordinary Shares […]

06/09/2021

Notice of Annual General Meeting

Pembroke VCT plc Notice is hereby given that the eighth annual general meeting of Pembroke VCT plc will be held at 9.00 a.m. on Thursday, 30 September 2021 at 3 Cadogan Gate, London SW1X 0AS for the purpose of considering and, if thought fit, passing the following resolutions (of which, resolutions 1 to 10 will […]

10/08/2021

Newsletter August 2021

View the full newsletter here. We are delighted to share the Pembroke August newsletter with you. In this issue, we would like to tell you about a few highlights from our portfolio and our new investments into three exciting businesses. These include One Plan, the events software business, Dropless, the eco-friendly vehicle maintenance company and […]

02/07/2021

Founder stories: Popsa

We caught up with Popsa Co-Founders, Liam Houghton and Tom Cohen. Popsa is a photobook app that, through the use of proprietary machine learning algorithms, has reduced the time it takes for customers to produce photobooks from 2 hours to an average of just 6 minutes. Check out our interview with the Founders below where […]

30/06/2021

Pembroke VCT is lead investor in £2.75m OnePlan fundraise

Event planning and management platform enabling safe events post-pandemic Pemroke VCT has invested £1.75m into OnePlan, the collaborative, real-time platform providing a single source of truth for event planners worldwide. Pembroke is the lead investor in a total fundraise of £2.75m. OnePlan was founded in 2019 by Paul Foster, an international crowd management expert, with […]

28/06/2021

Intention to Launch an Offer for Subscription

Pembroke VCT plc The directors of Pembroke VCT plc (the “Company”) are pleased to announce their intention to launch a new offer for subscription (the “Offer”) of new B Ordinary Shares for subscription in the 2021/2022 and 2022/2023 tax years. Full details of the Offer will be contained in a prospectus that is expected to […]

24/06/2021

Annual Report & Financial Statements for the year ended 31 March 2021

Pembroke VCT plc (the “Company”) Annual Report & Financial Statements for the year ended 31 March 2021 The Company announces that the unaudited net asset value per B Ordinary Share as at 31 March 2021 is 114.8p per B Ordinary Share. The Directors are pleased to attach the Company’s annual report and financial statements for […]

15/06/2021

Pembroke VCT invests in premium sustainable paint company COAT

Revolutionising the home decorating experience and challenging the premium players. Pembroke VCT has made an initial investment into COAT, the high-grade, sustainable paint company. COAT, which has been carbon-neutral since launch, is revolutionising the home decorating experience by redefining the customer experience of purchasing paint. Founded by Rob Abrahams and Rob Green in 2020, COAT […]

19/05/2021

Pembroke VCT exits its investment in Plenish

Sale to Britvic represents 2.3x return on initial investment Pembroke VCT has exited its investment in Plenish, the award-winning plant-based milks and plant-powered juice brand. The innovative beverage brand, which was one of Pembroke VCT’s earliest investments, has been acquired by Britvic to boost its plant-based drinks portfolio and cater to the growing demand for […]

12/05/2021

Net Asset Value per B Ordinary Share

Pembroke VCT plc The Company announces that the unaudited net asset value per B Ordinary Share as at 31 March 2021 is 114.8p per B Ordinary Share. For further information, please contact: Andrew Wolfson / Chris Lewis Pembroke Investment Managers LLP (Manager) +44 20 7766 6900 Robin Smeaton The City Partnership (UK) Limited (Company Secretary) […]

12/05/2021

Investment Exit and Declaration of Special Dividend

Pembroke VCT plc In June 2013, Pembroke VCT plc (the “Company”) first invested in Plenish, the plant-based milks, cold-pressed juices and shots company. Since then, Plenish has continued to grow and the Company made further investments to support the founder Kara and her team with this growth. Plenish has now been sold to Britvic plc […]

10/05/2021

Pembroke VCT expands team with two new appointments

Stefania Ponzo joins as Portfolio Director and Angus Nodder as Investment Associate Pembroke VCT plc, the venture capital trust focused on building the businesses of tomorrow, has expanded the team with the appointment of Stefania Ponzo as Portfolio Director and Angus Nodder as Investment Associate, effective 4 May and 1 June respectively. These new appointments follow Pembroke VCT’s £40m record fundraise. Stefania will be working alongside Andrew Wolfson (CEO), focusing on existing investments within the Pembroke VCT portfolio. Stefania has twelve years’ experience in venture capital funds and private […]

13/04/2021

Issue of equity

Pembroke VCT plc (the “Company”) Issue of B Ordinary Shares of 1p each (“B Ordinary Shares”) pursuant to an Offer for Subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further £20 million of B Ordinary Shares (the “Offer”) On 13 April 2021, 1,412,708 B Ordinary […]

06/04/2021

Pembroke VCT achieves record fundraise

Offer fully subscribed and now closed Pembroke VCT plc, the venture capital trust focused on building the businesses of tomorrow, is pleased to announce it has achieved a record fundraise, selling out of the £40 million offer, with the initial offer and overallotment facility now fully subscribed as at 29th March. Pembroke VCT gives investors the […]

06/04/2021

Issue of B Ordinary Shares of 1p each

Pembroke VCT plc (the “Company”) On 3 April 2021, 1,227,086 B Ordinary Shares (the “B Shares”) were allotted by the Company. Applications for the B Shares had been received in connection with the Company’s offer for subscription for up to £20 million of B Ordinary Shares with an over-allotment facility for up to a further […]