ProVen VCT plc ProVen VCT plc is a United Kingdom-based venture capital trust that invests primarily in a diversified portfolio of VCT-qualifying unquoted small and medium-sized enterprises with strong growth potential, targeting emerging growth stage companies, expansion capital needs, and management buyouts while avoiding start-ups; its investments span sectors including consumer and e-commerce, software as a service, business services, healthcare, technology, and renewables, with a portfolio of over 50 companies such as DASH Water, MOTH, Zoovu, Limitless Travel, VRAI, LITTA, and Lupa Foods; non-qualifying investments include cash, liquidity funds, and fixed interest securities for portfolio liquidity and risk management. The company, founded in 2000 and headquartered at Charter House, 55 Drury Lane in London, England, operates mainly in the UK with some US exposure through its manager Beringea LLP, focusing on businesses with defensible market positions, attractive entry valuations, and realizable exits within three to four years. Recent developments include the launch of a fundraising targeting up to 40 million pounds across the 2024/25 and 2025/26 tax years, alongside its sister fund ProVen Growth & Income VCT plc; share buyback transactions such as the purchase and cancellation of over 3 million ordinary shares in November 2025; successful portfolio exits like Lupa Foods acquired by Geia Food in January 2025 delivering a 5.2x return, Blis via secondary sale to LDC, and prior realizations from Monica Vinader, Chargemaster to BP, and Watchfinder to Richemont; and new investments or follow-ons in companies like Farmer J for US expansion, Gorilla for energy data analytics, AccessPay for bank integrations, and VRAI for product scaling, marking 25 years of operations as one of the UK's longest-standing growth-focused VCTs.