Woodford IM and L&G back venture to 'supercharge' growth in UK digital start-ups
Aiming to invest upwards of £200m per year
Legal & General Capital, Woodford Investment Management and the British Business Bank have confirmed their backing of a new venture platform that will help fund digital businesses in a bid to "supercharge growth" in the UK's digital infrastructure.
As previously reported, Woodford IM, run by Neil Woodford (pictured), has invested in Accelerated Digital Ventures (ADV), a company that plans to invest an initial £150m in digital start-ups across all...
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