Republic Europe (Formerly Seedrs) has listed another fund, this time an SEIS-qualified fund, Symvan Technology.
The fund, which provides immediate investment diversification, targets artificial intelligence (AI) and machine learning firms.
The offering is a direct investment with a minimum of £2000. Fees align with transaction costs, an administration charge, and carry a fee after a hurdle benchmark is topped.
The SEIC qualification provides meaningful tax benefits by reducing capital gains and overall risk exposure.
Symvan Technology touts its “award-winning” offerings, which aim to back promising early-stage ventures.
“Our focus is on scalable, software-led companies with the potential to transform their sectors. From seed funding through to exit, we work hands-on with founders, combining capital with strategic support, industry connections and operational expertise.”
Symvan says it has invested in five or six new SEIS-qualifying companies, and since 2014 it has backed over 60 AI firms.
Symvan is fairly small but reports having experienced 6 exits so far, all via acquisitions. The failure ratio is low at around 15%.
As always, do your own due diligence, and past performance is not a guarantee of future returns.
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