ProVen Growth & Income VCT plc (PGOO.L) is a UK-listed venture capital trust that invests primarily in a diversified portfolio of VCT-qualifying unquoted companies exhibiting significant growth potential, spanning sectors such as consumer brands and e-commerce, SaaS software, business services, technology, luxury goods, and healthcare; key holdings include Picasso Labs Inc (t/a CreativeX), a marketing software provider at 7.7% of total assets, Luxury Promise Limited, a pre-owned luxury handbag marketplace at 5.9%, MPB Group Limited at 4.5%, Gorillini NV (t/a Gorilla), a real-time energy data solutions leader at 4.1%, Social Value Portal Ltd at 4.0%, DASH Brands Ltd at 3.3%, Utilis Israel Ltd (t/a Asterra) at 3.3%, Infinity Reliance Limited (t/a My 1st Years) at 3.2%, Second Nature Healthy Habits Ltd at 3.1%, and Papier Ltd at 3.0%, with operations focused on the UK and US markets through manager Beringea LLP. Founded in 2001 and headquartered in London, the trust manages over £160 million in net assets across more than 50 investments, targeting expansion-stage companies with proven commercial traction, exceptional management teams, defensible market positions, and clear paths to profitability and exits within 3-6 years, while maintaining around 21% in cash and providing shareholder dividends targeting 5% of NAV annually. Recent developments include the profitable exit from Lupa Foods Limited to Geia Food in January 2025 delivering a 5.2x return, new investments in 2024-2025 such as Andersen EV for premium electric vehicle home charging points and Farmer J, a healthy sustainable restaurant chain, alongside £4.6 million deployed across two new deals and four follow-ons in the six months to August 2025, a £20 million Series B announcement by portfolio company Gorilla earlier in 2025, the launch of a combined fundraising prospectus on 17 November 2025 targeting up to £30 million plus £10 million over-allotment for tax years 2025/26 and 2026/27, declaration of an interim dividend of 1.25 pence per share payable 30 January 2026, and an intention announced 15 September 2025 for a further offer in tax years 2025-26 and 2026-27.