Private investment platform Seedrs is now authorised under new EU regulation for equity crowdfunding providers.
In brief:
-This means Seedrs will be authorised in Ireland, where its EU headquarters are, and initially will also focus on the Nordics, Iberia and the Netherlands.
-Seedrs was acquired by US private investment firm Republic for $100m last September, acting as the European arm of its business.
-The new regulation will give Seedrs, which has supported companies across more than 20 European countries over the past decade, a greater scope to help even more startups.
What does this mean?
“We know from our investors that they see the long-term value in a diversified portfolio, which includes investments in businesses from across geographies as well as industries, stages and sizes,” Seedrs CEO and Republic executive vice president Jeff Kelisky said.
