Litigation funder, Augusta Ventures, announced two new hires this week for the London office.
The Global Legal Post reports that this action shows the fund throwing 'down the gauntlet' on SME litigation funding.
Augusta now has over £50m available to invest in cases. And unlike many in the market, the fund invests primarily on commercial litigation cases ranging from £10,000 - £600,000.
The battle for litigation funding marketshare is hotting up as Augusta Ventures claims it will dominate SME funding and become the company taking on the most cases.