PAR Equity is celebrating a record-breaking year despite the challenges inflicted by Covid-19 on much of the economy.
Par deployed more than £17m of capital – 48% more than last year – into its portfolio companies, which in turn raised a further £26m from third party investors.
Specialising in investing in young, high-growth businesses, Par was the “lead investor” for more than 75% of those transactions.
Its Edinburgh-based investment team identifies and backs businesses with novel, scalable technologies in what Par calls “deep tech”.
That is companies that solve substantial scientific and engineering challenges using technologies such as artificial intelligence, advanced materials, nanotechnology, photonics and quantum computing.
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