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UK startup launches retail-focused VC funds platform

Venture capitalLondon-based fintech Further has launched an investment platform aiming to make venture capital (VC) funds more accessible to retail investors.

Further claims that its platform will enable retail investors to invest in VC funds with a minimum of £1,000 in capital.

The startup is aiming to address what it sees as an historical hindrance in the VC industry that means investors have to be a regular angel investor, use a crowdfunding website or invest a six-figure sum in a VC fund.

The platform will also offer VC fund managers fund administration tools to reduce their operational and administrative burden.

“Our goal is to address the strong demand from consumers and the real problems experienced by funds today,” said Rob Tominey, Further co-founder and CEO.

“We want to give consumers access to high-quality, professionally-managed venture capital funds while ensuring those funds can dramatically reduce the time they need to spend on fund administration.”

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