Crowdcube raise more than £10 Million for UK Business
by Startacus Admin
Back at the end of May, we announced the launch of our crowdfunding portal in partnership with leading UK crowdfunding platform Crowdcube. Our aim 
was to provide a dedicated crowdfunding portal for both new startups and established businesses.
And as of last week, we were chuffed to hear that Crowdcube has become the first equity crowdfunding platform in the world to raise more than £10m for businesses (£10,162,060 to be precise).
In the first 6 months of 2013, total investment in British businesses through Crowdcube’s web-based platform increased by 579% compared to the first 6 months of 2012. During the same period, the number of funded deals doubled and the average investment per pitch increased by 121% to £2,700.
Raising equity is a tough call for many startups and small businesses and Crowdcube offers a good alternative to the traditional financing and equity route. We were therefore delighted to hear that Crowdcube has become a ‘world first’ - after all we want to partner and link with all the best business services out there to support our virtual workspace.
Our next objective is to further develop the Startacus platform to fully incorporate a virtual incubation space where people with ideas can connect and engage directly with the handholders, services and mentors that can make those ideas a reality - and hopefully become the next Crowdcube projects and success stories going forward.
A big high five to Crowdcube from Startacus!
Join the Self Start society! If you like what you see here on Startacus and want to get involved yourself, why not become a member of our growing community by joining for free here! Or... if you prefer, why not get features like this direct to your inbox by signing up to receive our bi-monthly newsletter. Simply enter your email address and we'll be in touch.Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Software has become a powerful tool for businesses to harness. here are 4 software essentials your startup could adopt right now.
The Dublin-based MedTech company that is enabling remote monitoring of those with mild to moderate COVID-19 symptoms who are in self-isolation
The new FinTech platform that provides “the easy way to sell your unused and unwanted foreign cash currency at the best rates”.
In order to combat some of the impact caused by the coronavirus, many tourism focused attractions are turning to tech solutions. Here's a few!
The Trinity College spinout that has created a cost-effective hand hygiene training system teaching the WHO technique…
The lowdown on Budget Music Videos, the Belfast-based startup that will help you make a music video in a matter of minutes
BMW’s Innovation Lab next two sprints focuses on improving internal customer-led efficiencies or tech solutions that provide valuable data insights and analytics
WebARX create a COVID-19 cyber threats page to collect all the cyber attacks and online threats surrounding the COVID-19 pandemic
Require external capital to fund growth and worried about the potential impact coronavirus may have on your funding plans?
In response to the COVID-19 pandemic, Chivas Divides its $1m No-Strings Venture Fund Between 26 Startups
Published on: 6th August 2013
.png)
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Chivas Venture divides this year's $1m Venture Fund between 26 global Startups 23rd Mar 2020 In response to the COVID-19 pandemic, Chivas Divides its $1m No-Strings Venture Fund Between 26 Startups
- The open-source design of emergency ventilators for COVID-19 patients 20th Mar 2020 World Wide Community of over 500 designers engineers & medics finalising prototypes for safe scalable manufacture & rapid field deployment..
- Positive-ish reaction from small business and startup community to UK Chancellor’s Corona budget 11th Mar 2020 New UK Chancellor Rishi Sunak just delivered his first UK Budget. We took a look at first reactions from small business and startup leaders.
- Hyper-realistic plant-based meat company THIS™ raises £4.7m 11th Mar 2020 Major investment news for THIS™, arguably the world's most realistic meat alternative company, to help it keep up with growing demand
