BrickVest has raised £2m in the first closing of its second fundraising round, raising a total £4m.
The London-based online real estate investment platform said the funds will be used to further its business plan, which aims to give its investor base direct access to pan-European commercial real estate with low levels of minimum investment.
BrickVest was launched last year. It is backed by 44 angel investors, including Jean Romain Lhomme, former co-head of Colony Capital, who joined the board in January.
Emmanuel Lumineau, chief executive of BrickVest, said: “We are pleased to have attracted institutional sponsors and trust of thousands of investors and family offices that are seeing BrickVest as a solution platform.
“This additional funding will enable us to continue investing in 2017 in our in-house technology and scaling our innovative platform in line with soaring demand for accessible real estate investment.”
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