Portfolio
2
companies
Firefish
Firefish supplies CRM and marketing software to the recruitment sector.
Rovco
Rovco provides advanced subsea computer vision and artificial intelligence technology for marine industries.
The investment was backed by Foresight VCT, Foresight Enterprise VCT and the Foresight Scottish Growth Fund.
"Firefish has seen significant growth since Andrew and I founded the business and we are proud to support a growing number of recruitment firms. We are excited to partner with an experienced growth investor in Foresight to help us realise our full ambitions for the business."
The investment was led by the Foresight Williams Technology EIS Fund and includes participation from existing shareholders as part of a £5m total raise.
"We are extremely pleased to welcome Foresight Group and Williams Advanced Engineering as new shareholders in our company. Bringing a major private equity investor alongside a world-renowned engineering company will be of extraordinary benefit to Rovco. We look forward to working with each of them as we expand the business and continue our success into 2020!"