Foresight VCTs invest £5 million in antimicrobial technology developer Copptech

by | Oct 5, 2022

Share this article


Foresight Group, a listed private equity and infrastructure investment manager, has completed a £5 million growth equity investment into Copptech, an innovative and rapidly growing anti-microbial technology business founded in 2016 in Chile.

Copptech develops additives that use copper, zinc and organic active ingredients which kill bacteria, fungi and viruses on contact. Applications for the technology are wide ranging and include diminishing the transmission of viruses in medical facilities, extending the shelf life of perishable goods, reducing discolouration and odour in clothing and providing mould, fungi and termite-resistant properties to building materials.

Copptech sells its antimicrobial formulations to airlines, construction materials suppliers, textiles businesses and footwear manufacturers.  The Company has proven its business to be highly scalable across Latin America and is already seeing meaningful traction in the large North American and European markets, where it is expanding its sales teams and operations.

Antimicrobial ingredients had a global addressable market of $4.7 billion in 2020, driven by spending in the healthcare and defence sectors, as well as apparel manufacturers. The market has grown at a combined annual growth rate of 9.8% since 2013, with growth accelerating due to increased hygiene awareness following the COVID-19 pandemic.


Several members of senior management are joining the Company at the outset of Foresight’s investment. These include new CEO Graham Sanders, with 25 years’ experience in the chemicals sector, Chair Jeffrey Halliwell, formerly the Managing Director of a large European antimicrobial business and Non-Executive Director Rasih Ozturkmen, with expert knowledge of the textiles industry.

Commenting on the investment, Hugh Minnock, Investment Director at Foresight, said: “Copptech represents an exciting investment opportunity in a highly scalable business, with proven commercial traction and a clear strategy to expand. Strong ESG credentials and tailwinds brought about by the COVID-19 pandemic and a heightened focus on hygiene make us optimistic for the future of the Company and sector as a whole.”

Jeff Halliwell, Chair at Copptech, added: “I am delighted and very excited to be appointed as Chair of Copptech. Copptech brings a unique set of scientific solutions to achieving anti-microbial protection built into a huge range of products and applications. Copptech has been an amazing success in Chile and the Americas and now this new investment from Foresight will enable us to offer these solutions on a truly global basis. We look forward to taking the market by storm.”


Share this article

Related articles

GBI 37 | Spring Focus | March 2023

GBI 37 | Spring Focus | March 2023

We are delighted to welcome you to the latest issue of GBI Magazine, hot on the heels of a busy couple of months of report writing, culminating in our Annual Tax Efficient Investment Sector Research Report. Feedback has been tremendous and we were pleased to be able...

GBI 35 | Opportunity Knocks in 2023 | December 2022

GBI 35 | Opportunity Knocks in 2023 | December 2022

Season’s Greetings to all our Readers and Clients. While some business sectors start to wind things down for the year, we are busier than ever planning for the Spring and the tax year end. So, with this in mind we bring you our usual mix of news and opportunities that...

Trending articles

IFA Talk logo

IFA Talk is our flagship podcast, designed to fit perfectly into your busy life, bringing the latest insight, analysis, news and interviews to you, wherever you are.

IFA Talk Podcast - listen to the latest episode