A venture-capital fund backed by Lord Rothschild and fund manager Neil Woodford have led a £10m investment round into Seedrs as the crowdfunding platform plans to expand overseas.

Augmentum Capital, founded by entrepreneurs Tim Levene and Richard Matthews, and the Woodford Patient Capital Trust are investing £7.5m into Seedrs, while a further £2.5m will be offered to existing shareholders and other individual investors through a campaign on the platform.

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