EMV Capital Evergreen EIS
The EMVC Evergreen EIS fund is a new offer from EMV Capital Ltd. The fund is focused on Seed and Series A/B investment opportunities in companies operating in the industrial high-tech, energy, resource efficiency and smart cities sectors. Examples might include businesses using AI and robotics, the internet of things (IoT) or electronics.
- Aims to invest in
technologies that drive advancements of British high-tech industry
- Target return of £3 per £1 invested after six years – not guaranteed
should hold around five EIS qualifying companies
team that has previously co-invested alongside international corporates such as ABB Group, Mitsubishi
and Philips Lighting
- EMV Capital won ‘Best Newcomer for 2018’ at the EIS Association awards in February 2019
- Minimum investment £10,000
EMV Capital is headed by Dr. Ilian Iliev, who spun it out from EcoMachines Ventures. Ilian leads the investment advisory team and is a board member at a number of EMVC portfolio companies. He holds a PhD from Cambridge University’s Judge Business School; MCom in Economics, and a BA in Politics, Economics and International Relations from the University of Witwatersrand.
EMV Capital is the investment adviser. The fund manager is Sapphire Capital Partners.
EMV Capital won ‘Best Newcomer for 2018’ at the EIS Association awards in February 2019.
Watch a video interview with Dr Ilian Iliev:
EMV Capital focuses on B2B and B2B2C companies in the areas of industrial high-tech, clean energy, smart cities and transportation. The EMV Capital team has collaborated on previous deals with ABB, Philips Lighting, Mitsubishi, Total, Evonik and Flex.
The EIS will seek businesses with proprietary innovation in hardware or hardware-enabling software, a technology or product solution designed for a clear, large and quantifiable market need, demonstrable interest in the solution from large corporates, and an established core team with relevant experience and expertise.
As well as providing investment, EMVC seeks to take a hands-on approach by taking a seat on the board, assisting with the development of the business plan and providing access to industry experts.
Investors should hold a portfolio of at least five companies. The fund will typically invest between £200,000 to £1,000,000 in companies raising at the Seed or Series A-B stages.
Exits are expected between three and six years and are likely to be achieved by trade sales to corporates – however, exit options and timeframes are not guaranteed.
Investors may have the opportunity to invest additional capital into the portfolio outside the EIS fund structure.
Examples of EMVC portfolio companies
Please note, these are examples only: new investments will be made in other similar investments.
Q-Bot develops robots for the building and engineering industry. Its first application is in underfloor insulation for Victorian and early-20th century housing, leading to significant decreases in heat loss and thus heating bills. Q-Bot’s patent-protected solution has already led to relationships with a number of city councils and housing associations.
Nanotech Industrial Solutions
Nanotech Industrial Solutions (NIS) develops and manufactures ‘nano-enabled lubricant additives and greases’. Its technology substantially helps reduce friction and wear to machinery under conditions of extreme pressure and temperature. It has the potential to be used across multiple industries such as automotive, space, mining and oil & gas drilling. NIS has attracted significant investment from Evonik, one of the world leaders in speciality chemicals.
Risks – important
This, like all investments available through Wealth Club, is only for experienced investors happy to make their own investment decisions without advice.
EIS investments are high-risk so should only form part of a balanced portfolio and you should not invest money you cannot afford to lose. They also tend to be illiquid and hard to sell and value. Before you invest, please carefully read the Risks and Commitments and the offer documents to ensure you fully understand the risks.
Tax rules can change and benefits depend on circumstances.
This EIS fund invests in early-stage businesses which are more likely to fail than larger ones, so you should expect a number of failures in the portfolio.
Fees and charges
A summary of the fees and charges is shown below. Please see the provider's documents for more details.
|Initial charge payable by investors||up to 0.75%|
|Initial charge payable by investee companies||3% to 5%|
|Annual charge payable by investors||1.05%|
|Annual charge payable by investee companies||1% to 2%|
More detail on the charges
Wealth Club aims to highlight investments we believe have merit, but you should form your own view. You should decide based on the provider's documents and ensure you have read and fully understand them before investing. This review is a marketing communication. It is not advice or a personal or research recommendation to buy the investment mentioned. It does not satisfy legal requirements promoting investment research independence and is thus not subject to prohibitions on dealing ahead of its dissemination. 30.01.2019
- Target return
- Funds raised / sought
- Minimum investment