Digital asset management firm LIQID has secured €4.5m in a new round of growth capital.
The funding for the Berlin-based investment platform comes from existing backers Project A Ventures, Harald Quandt’s family office, HQ Trust and Dieter von Holtzbrinck (DvH Ventures).
Berliner Volksbank Ventures also joined as a new investor.
LIQID aims to offer the investment instruments, terms and expertise normally limited to family offices to affluent individuals with minimum investments of €100,000.
The investment strategies offered are developed in collaboration with HQ Trust, one Europe’s oldest and largest multi-family offices, as well as early-stage investor Project A Ventures.
The new round brings LIQID’s total funding to €10m and will be used to expand its product range of in the illiquid asset class, such as private equity and real estate.
It will also expand upon its team of 30 employees.
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