Viking Fund

The Viking Fund completed investing in 2009 and is no longer operating as a fund. The Viking Fund is a co-investment venture capital fund specializing in the start-up, early, expansion, and growth stage investments in limited companies. It does not consider investments in agriculture and fisheries sectors and to rescue failing businesses. It seeks to invest alongside a private sector investor and can invest in the second round of funding. The fund seeks to invest in almost all industrial sectors with focus on information, communications, technology, software, medical technology, renewable energy systems, digital instrumentation, and chemical and pharmaceutical innovation. It invests in the Yorkshire and Humber region. The fund typically invests between £0.05 million ($0.07 million) and £0.399 million ($0.59 million). It typically invests between £0.01 million ($0.02 million) and £0.10 million ($0.20 million) in the first stage of financing. The fund can also make follow on investments up to an aggregate of £0.20 million ($0.40 million) per company. It seeks to invest in funding rounds between £0.02 million ($0.04 million) and £0.25 million ($0.50 million). The fund seeks to invest in the form of equity or loan finance. It seeks to appoint a Non-Executive Director on the Board of the portfolio.