The venture capital company investing in high-growth technology companies has begun to put its recently swollen cash reserves to work. An initial $22.3m was received in January following the disposal of its stake in the SaaS based work collaboration platform Wrike, a handsome profit on the $1m originally invested in 2012. Last week TMT announced its first investment into a UK company, $2m into MEL Science as part of a wider round.
04 Mar 2019
TMT makes its Brentry. Core portfolio remains well placed for further cash exits and revaluations
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TMT makes its Brentry. Core portfolio remains well placed for further cash exits and revaluations
TMT Investments PLC (TMT:LON) | 362 0 0.0% | Mkt Cap: 113.9m
- Published:
04 Mar 2019 -
Author:
Derren Nathan -
Pages:
7
The venture capital company investing in high-growth technology companies has begun to put its recently swollen cash reserves to work. An initial $22.3m was received in January following the disposal of its stake in the SaaS based work collaboration platform Wrike, a handsome profit on the $1m originally invested in 2012. Last week TMT announced its first investment into a UK company, $2m into MEL Science as part of a wider round.