Investment Update

21 November 2019

Triple Point VCT 2011 plc

(the "Company")

INVESTMENT UPDATE

The Board of Triple Point VCT 2011 is pleased to announce that the Venture Share class (known as The Venture Fund) has completed its fifth and sixth qualifying investments.

An investment was made into a global cloud network for streaming data and managing real-time Application Programming Interfaces (APIs), as part of a £5 million Series A funding round. Some business customer uses of the platform include streaming live sports scores, air traffic management for drones, transport updates and secure medical applications. Customers include Hubspot, Chicago Metro Rail and Tennis Australia.

An investment was also made into an integrated clinical system for managing patient medical data and back office administrative tasks, as part of a £1.7 million funding round led by Triple Point. The system is currently used by over 100 clients in primary and secondary care in the UK and internationally.

The investments are in line with the Company's investment criteria and risk and return profile.

FOR FURTHER INFORMATION ON THE COMPANY, PLEASE CONTACT:

The Company's LEI is 213800AOOAQA5XQDEA89

Further information on the Company can be found on its website https://www.triplepoint.co.uk/investments/triple-point-venture-fund/s7881/.

NOTES:

The Company is a Venture Capital Trust incorporated in July 2010. The Investment Manager is Triple Point Investment Management LLP. The Company was established to fund small and medium sized enterprises (SMEs). The Company launched a new share class, known as The Venture Fund, in March 2019 which is mandated to invest in SMEs producing products or digital services that solve challenges faced by their larger corporate customers.