UK platform Seedrs has raised a 10 million GBP series A round led by Woodford Patient Capital Trust plc and Augmentum Capital. The capital raised will be used to launch Seedrs in the US market.
Furthermore, Seedrs is to launch a 2.5 million GBP crowd funding campaign to give existing shareholders and new investors the opportunity to participate in the round. The details will be announced later.
Seedrs plans to expand its marketing efforts in the UK and Europe, increase platform development activities and launch its business in the United States.
This Seedrs valuation is now at 30 million GBP on a fully-diluted, post-money basis. I wrote a review of my experiences with investing on Seedrs in March.