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.
We consider what the UK and Ireland edition of Mashable on Snapchat Discover might mean for digital content, publishers and startups.
The mobile ordering app that'll help us all save time getting coffee and lunch!
TableCrowd, a real-life business network that brings people together over food and drink is now crowdfunding via Crowdcube for £400k.
Making Tax Digital (MTD) is set to bring about the biggest change to the UK’s tax system for a generation. Here are four things you need to know.
Award winning social prescribing platform Elemental Software has raised a rather healthy £300k with the help of ClearlySo, Europe’s leading impact investment bank.
Startacus is supporting the TheBigGive.org.uk fundraising appeal to support those affected by the Grenfell Tower tragedy.
Forget play - with this deck of cards it's all about business...
The innovative startup that's making health monitoring easier than ever...
The innovative online network for everyone in the building industry to find, connect and work with one another...
Canvas helps recruiters screen more job candidate's, and market employment brands to millennials with the first text-based interviewing platform.
Published on: 6th August 2013
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Match Funding Initiative Means Donations Towards Grenfell Tower Tragedy can be Doubled 19th Jun 2017 Startacus is supporting the TheBigGive.org.uk fundraising appeal to support those affected by the Grenfell Tower tragedy.
- Touchpaper set to Light the Spark between Corporates and Startups 13th Jun 2017 Launched last week, Touchpaper is on a mission to make it much easier for startups and corporates to work together.
- Day 2 of Digital DNA upSTART 17 - the startup pitching battle 7th Jun 2017 Day 1 overview and day 2 preview of Digital DNA upSTART 17 - the startup pitching battle...
- It's day 1 of Digital DNA upSTART 17 - the startup pitching battle 4th Jun 2017 It's day 1 of upSTART 17, the two day startup pitching battle taking place at Digital DNA in Belfast. Here's how you can keep an eye on proceedings.
