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.
Aiming to improve workflow and increase business productivity, Oroson is an SaaS platform that allows you and your team to manage all your content together, in one handy online place.
Time is ticking to apply to Rising Stars, Tech Nation's new competition to find the UK’s most ambitious early-stage tech startups.
The SaaS startup that helps you "create the buzz you need, for less"...
Why it is important for business leaders to review their inclusivity strategies and how this can benefit their business as a whole.
Applied - The recruitment platform that will help you hire fairer, faster, and retain hires for longer...
Branswer - The lowdown on the startup that will help you write content on brand, every time...
Using satellite imagery, combined with machine learning techniques, AgTech startup CropSafe are on a mission to accurately detect and predict impending diseases within farmers crops.
Hike is an SEO platform built for startups that allows you to optimise your site and content and aimed at saving 75% on annual SEO costs.
The Festival of Female Entrepreneurs, now in its seventh year, is aimed at supporting women to build and grow sustainable businesses.
UK Chancellor Philip Hammond chose his Conservative Party Conference speech to suggest that he wouldn’t wait for an international consensus on digital services taxation.
Published on: 6th August 2013
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Oroson aims to be the content hub to rule them all 18th Oct 2018 Aiming to improve workflow and increase business productivity, Oroson is an SaaS platform that allows you and your team to manage all your content together, in one handy online place.
- Is your startup a rising star? 18th Oct 2018 Time is ticking to apply to Rising Stars, Tech Nation's new competition to find the UK’s most ambitious early-stage tech startups.
- Innovative Electrical Clip hangs on to win INVENT Awards 2018 12th Oct 2018 The INVENT Awards 2018 from Connect at Catalyst Inc, took place in Belfast’s Waterfront, during which Gray’s Clip was announced as the overall competition winner.
- Vegan food business The Brook tastes crowdfunding success 11th Oct 2018 Vegan food business The Brook funds 130% in their first three days of their equity crowdfunding campaign on Seedrs, with the funds raised to go towards launching a new home delivery service.
