Crowdfunding platform Crowdcube has acquired secondary liquidity platform Semper for an undisclosed fee.
In brief:
-Launched in 2021, Semper offers European start-up founders, angel investors and other early shareholders liquidity by opening up private markets to retail investors.
-Semper founders, Mathias Pastor and Balthazar de Lavergne will continue to lead the secondary business in close collaboration with Crowdcube’s co-CEOs, Bill Simmons and Matt Cooper.
-It has provided c.€10m in secondary sales for European start-ups
What does this mean?
“The potential to create the largest private market investment platform in Europe is vast, and we are just getting started. Our acquisition of Semper positions us favourably to capitalise on all of the interest and momentum in and around the private markets at the moment,” Bill Simmons, Co-CEO of Crowdcube said.
