The Company originated as a spin-out from the University of the West of Scotland The Foresight Williams Technology EIS Fund led a £3.3 million round The new sensor technology is the world’s first truly flexible ultrasound sensor with the ability to operate continuously at high temperatures and offer higher resolution images Edinburgh, 16 December 2019: […]
London, 10 December 2019: Foresight Group (“Foresight”) and Williams Advanced Engineering (“Williams”) are pleased to announce a £1.6 million investment into Oxford University spin-out Mixergy Limited (“Mixergy” or “The Company”), which is set to revolutionise the global hot water tank market and reduce the cost of energy for consumers. Mixergy was founded in 2014 by […]
AMT is an innovative 3D printing company transforming post-processing technologies This is the thirteenth investment made by the Foresight Williams Technology EIS Fund The £4.2 million investment round was led by DSM Venturing, the venture capital arm of Royal DSM, alongside Foresight Williams Technology EIS Fund London, 22 October 2019: Foresight Group LLP (“Foresight”) has […]
INSPHERE’s pioneering metrology systems enhance the accuracy of automated production lines, boosting productivity and profitability for manufacturers. The investment will help develop and commercialise INSPHERE’s new products and scale the business. INSPHERE is the 12th company to receive investment from the Fund. London, 5 August 2019: Foresight Group LLP (“Foresight”) announces a £1.5 million investment […]
Synaptec’s innovative technology can reduce downtime and allow easier and cheaper monitoring of the increasingly complex electric power grid The Foresight Williams Technology EIS Fund invested £2 million alongside £100,000 from the newly created Foresight Scottish Growth Fund The funding will be used to scale-up production, grow international sales and exploit future data analytics opportunities […]
• University of Oxford Chemistry Department spin out company, Refeyn, has received a £1 million equity investment from Foresight Williams Technology EIS Fund as part of a £2.55m round • Refeyn has created a new technology application in protein mass measurement that could transform the discovery and production of new biopharma drugs • Investment will […]
Open Bionics attracts £1.5m investment from Foresight Williams Technology EIS Fund Open Bionics is building and developing the next generation of bionic limbs The investment is part of £4.66m growth round to scale the business Williams to assist in production engineering This marks the Fund’s ninth investment LONDON, 11 January 2019: Foresight Group (“Foresight”) […]
First modular collaborative robot (“cobot”) intended to focus on batch manufacturing tasks Development of proprietary light-weight modular cobot Developed by former defence robotics engineers The Fund supports disruptive technologies with high performance engineering capability and proven investment management LONDON, 05 November 2018: Foresight Group (“Foresight”) announces the £1.5m growth capital investment into Inovo Robotics Limited […]
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Existing and prospective investors should consider carefully the following risk factors. If any of the risks described below were to occur, it could have a material effect on a the business, financial condition or results of operations of an EIS qualifying company of the type in which Foresight EIS funds will invest. The risks and uncertainties described below are not the only ones EIS companies and investors will face. Additional risks not currently known to Foresight, or that Foresight currently believes are not material, may also adversely affect the business, financial condition and results of operations of investee companies. The value of its shares could decline due to any of these risk factors, and investors could lose part or all of their investment.
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The past performance of funds managed by Foresight is not necessarily an indication of the future performance.
There will not be a liquid market for shares in EIS companies as they will not be listed on any stock exchange and investors may find it difficult to realise their investment.
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The information, including tax rules, contained in this publication is based on existing legislation. The tax rules or their interpretation in relation to an investment in an EIS fund and/or the rates of tax, or other statutory provisions to which EIS funds and their investee companies are subject, may change during the life of a fund and such changes could be retrospective.
If an Investor who subscribes for shares in an EIS company disposes of those shares within three years from subscription, the Investor will be subject to clawback by HM Revenue & Customs of any income tax relief obtained on subscription.
Realisation of investments in unquoted companies can be difficult and may take considerable time. There may also be constraints imposed on the realisation of investments in order to maintain the EIS qualifying status of an investee company which may restrict Foresight’s ability to obtain maximum value from its investments.
Investment in unquoted companies, AIM-traded and PLUS Markets companies, by its nature involves a higher degree of risk than investment in companies traded on the main market of the London Stock Exchange. In particular, markets for such companies and smaller companies generally may not be regulated and are often less liquid and there may be difficulties in valuing and disposing of investments in such companies. Disposing of such companies and smaller companies generally through trade sales may be difficult and may not produce hoped for returns and investors could get back less than they invested.
In addition, such companies and smaller companies generally may have limited product lines, markets or financial resources and may be more dependent on their management or key individuals than larger companies.
Where more than one of the funds managed or advised by Foresight wishes to participate in an investment opportunity, allocations will generally be made in proportion to the net cash raised for each fund, other than where investments are proposed to be made in a company where a fund has a pre-existing investment where the incumbent investor will have priority. Implementation of this policy will be subject to the availability of monies to make the investment and other portfolio considerations such as sector exposure and the requirement to achieve comply with the EIS rules, for instance the maximum investment by EIS investors, VCTs and corporate venturing schemes in any single company. This may mean that a company may receive a greater or lesser allocation than would otherwise be the case under the normal co-investment policy.
There can be no guarantee that sufficient suitable investment opportunities will be identified in order to meet the investment objectives of a particular EIS fund or the requirements of the EIS rules.
In general, investment in technology companies can carry a greater degree of risk than investing in non-technology companies. In particular: the technology may not be able to be developed within the timescale required by the market, at an acceptable cost, or at all and alternative or competing technologies may emerge before full commercial exploitation of the products or services of such companies has taken place.
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The contents of this website have been prepared by and approved as a financial promotion for the purpose of Section 21 of the Financial Services and Markets Act 2000 by Foresight Group LLP, which is authorised and regulated by the Financial Conduct Authority (FRN: 198020). Neither Williams Technology Ventures Limited nor any member of the group of companies of which Williams Grand Prix Holdings PLC is the ultimate parent company, assumes any responsibility for the contents of this website.