EMV Capital (AIM:EMVC) CEO Dr Ilian Iliev talked with Proactive about the company’s recent oversubscribed capital raise of £1.5 million, highlighting the strong support from shareholders and retail investors. Iliev discussed the challenging market conditions and the company’s ability to attract investment at a 15% premium to market price.
He explained that EMV Capital (AIM:EMVC) plans to utilise the funds to expand its fund management practice, support its Venture Build program, and target £200 million in assets under management (AUM). Notable achievements include the creation of £7 million in value across four companies with modest investments.
Iliev also outlined the company’s diversified business model, with over 70 portfolio companies and a proven value-creation strategy. He emphasised the company’s route to breakeven, aided by operational income and expected portfolio company exits in the next 18-24 months.
“2025 will be an absolutely exciting year for us,” Iliev noted.