13th September 2018
- 0 commentsgohenry, the company behind the gohenry financial tool, which is enabling a generation of kids and teens to take part in the digital economy and learn about money, will soon launch a crowdfunding campaign via Crowdcube, the world’s first and largest equity crowdfunding platform. The proceeds will allow investment in the gohenry product and marketing, and fuel expansion in the vast US market.
11th September 2018
- 0 commentsCrowdcube, the world’s first and largest equity crowdfunding platform, is delighted to announce the acquisition of the business reporting software company Supdate. Through this new product, Crowdcube funded companies will be more connected with their shareholders than ever.
This acquisition advances Crowdcube’s strategy of developing an ecosystem of services for entrepreneurs and investors using its platform. This new product will add to the existing suite of post-funding benefits available to businesses on Crowdcube, such as access to Amazon’s Launchpad Programme, to allow them to fully benefit from their crowdfunded raise.
28th August 2018
- 0 commentsThe EU crowdfunding framework proposed by the European Commission will help to build a capital markets union, foster innovation and support entrepreneurs and SMEs across the EU, says the European Economic and Social Committee (EESC) in a recently adopted opinion, which strongly supports the Commission's proposals.
21st August 2018
- 0 commentsCrowdcube, the world’s first and largest equity crowdfunding platform, is celebrating more than £500 million in pledged investment on the platform.
The half billion in funds pledged to businesses has resulted in more than 700 successful raises, for startups to sizeable scale-ups including fintech unicorn Revolut, digital, mobile-only bank Monzo and BrewDog, the British multinational brewery.
One common trait among the growing number of scale-up raises is increased participation by venture capital firms. Six VCs including Balderton and Index Ventures took part in the Revolut raise, Passion Capital contributed to Monzo’s raise, and Draper Esprit participated in a raise for POD Point, the UK leaders in electric vehicle charging.
The majority of pledged investment via Crowdcube’s platform – 60% – comes from high net worth and sophisticated investors, who typically invest larger sums. The platform has also opened up opportunities to everyday investors that have been able to invest in startup, early and growth-stage businesses more easily than ever before. Crowdcube also appeals to investors of all ages; since Crowdcube was founded in 2011, there have been over 40,000 investments worth £21m from the under-30s, and over 25,000 investments worth nearly £60m from those over 60.
17th August 2018
- 0 commentsCROWDPROPERTY has promised a pipeline of new loans to fund for the rest of the year as it approaches its fourth anniversary.
16th August 2018
- 0 commentsElectric autonomous vehicle company, the Academy of Robotics, has closed its latest funding round in under six hours. Investment came in so quickly that founder William Sachiti turned down an additional £500,000 that was offered.
The Academy of Robotics is currently developing Kar-Go, the autonomous delivery vehicle. Kar-Go hopes to shake-up the delivery market by removing 90% of the costs involved in making a delivery – helping to increase profits for logistics companies and decrease costs for consumers.
By using a combination of advanced robotics and driverless vehicle technology, Kar-Go is designed to autonomously drive on unmarked roads such as residential areas. Unlike many driverless vehicles that are best-suited to main roads and highways, Kar-Go is specifically designed with small, residential side-streets in mind.
10th August 2018
- 0 commentsOurCrowd, a leading global equity crowdfunding platform has been named the most active venture capital investor in Israel in a ranking published by Seattle-based market research company PitchBook Data, Inc.
9th August 2018
- 0 commentsOurCrowd Labs/02, a leading seed stage incubator focused on deep tech innovation has signed a collaboration agreement with two of South Korea’s leading venture capital firms: DTNI and Yozma Group Korea. These agreements, facilitated by the Korea-Israel Industrial R&D Foundation (KORIL-RDF), are aimed at strengthening bilateral strategic collaboration, investments, as well as promoting partnerships between companies within the two countries. The areas of collaboration specifically identified are focusing on rapidly growing deep-tech startups.
8th August 2018
- 0 commentsCrowd investors who invested in Revolut, Britain’s first digital banking unicorn, via Crowdcube, the world’s first and largest crowdfunding platform, have now realised returns of ~19x on their original investments.
Crowd investors took the opportunity in July 2016 to invest as little as £10 or as much as £5000 via Crowdcube’s platform into Revolut, at the time a promising early-stage fintech company. In April this year, Revolut received a $250m investment led by DST Global, setting a valuation for the company of ~£1.2 billion, making it one of the first crowdfunded unicorns.
3rd August 2018
- 0 commentsOddbox, London’s biggest independent wonky fruit and veg box scheme, reached its crowdfunding target in record time to enable it to expand its unique service to even more customers. It initially hoped to raise £350,000 but investors saw the huge potential offered by the business and it over-funded to a tune of £520,000.
3rd August 2018
- 0 commentsCrowdcube, the world’s first and largest equity crowdfunding platform, has had its strongest quarter ever in Q2 2018. The unprecedented 58 businesses securing finance on the platform (Q2 2017: 318 businesses) led to a record £47.4 million invested and took the total pledged on the platform to over £490 million.
Revenues of £1.46 million were up 43% on Q2 2017. Coming after a record Q1, this takes H1 revenue to £2.67 million, up 32% on H1 2017. This rapid revenue growth was achieved while maintaining costs at 2017 levels.