
Passion Capital, the early-stage venture firm in London, told TechCrunch earlier this week that — in an apparent first for a European fund — it plans to crowdfund the final stage of its third and latest vehicle. Specifically, it’s carving out around half a million dollars for anyone who wants to invest in the vehicle, as long as they are a high net worth individual.
Firm founder Eileen Burbidge says the outfit was inspired by developments it has seen here in the U.S., from AngelList’s rolling fund program, to an imminent change in a crowdfunding regulation, Reg CF, that …