Former Crowdfunding Platform Syndicate Room Receives £10 Million Commitment from British Business Bank for Investments
British Business Investments has committed £10 million to
Syndicate Room. British Business Investments is a subsidiary of the B
ritish Business Bank. Syndicate Room was previously an investment crowdfunding platform that has since migrated to a fund model.
According to a noted from Syndicate Room, the £10 million commitment from British Business Investments’ Regional Angels Programme will be invested over a five-year period. Syndicate Room will target a minimum of 250 investments, supporting the Regional Angels Programme’s objective to address regional imbalances and diversify the availability of angel finance.