Q Ventures club aims to tempt angel investors

With fewer venture capital firms offering early stage investment following the financial crisis, private investors are being asked to support start-ups with more capital. However, few have deep enough pockets on their own to fill the gap between angel finance and venture capital.

Mr Deak said: “We’ve created a modern twist on the private investment club. We’re connecting hundreds of seasoned investors, many of them hugely successful entrepreneurs in their own right, with the most promising early stage companies.

“Our online platform means investors from anywhere in the UK – and much of Europe – can team up to support exciting start-ups. We aim to offer a select number of top tier deals to a vetted community of highly liquid, experienced and engaged individuals. We rely heavily upon syndication of the strongest investors in the market.”

QVentures is also being supported by leading venture capital firms such as DFJ Esprit, Balderton and Octopus.

There are no fees for investors, although membership will be capped at 1,000 individuals or corporate entities. Membership is also free but investors will be expected to be 'active’ and invest at least £25,000 a year.

Companies raising finance will pay 5pc of successful funding rounds.

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