UK-based venture capital firm Capital Pilot is raising 25 million pounds ($32.4 million) in funding from its investors.

Capital Pilot said that it will finance around 150 technology early-stage businesses with the net funds.

The company is in advanced talks with family office investors to seed fund its Autopilot, and then it will go out to sophisticated high-net-worth individuals.

Capital Pilot, expecting to close its initial fundraising by the end of March, will build liquidity into the Autopilot model so that investors can exit from holdings.