UK indie animation studio Acamar Films has raised a further £4m (US$5.35m) of private investment for its children’s property Bing, bringing the total raised to nearly £10m.

Acamar used a UK government-endorsed Enterprise Investment Scheme (EIS) – which offers tax relief to individual investors who buy new shares in a company – for the latest funding round, which valued the company at £100m.

Of the £4m-plus total, £2.46 million was placed by Wealth Club, the UK’s largest investment platform for experienced investors.

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