Crowdcube amazes again – Reaches over £10M in funding

"In the first five months of 2013 it raised £4,400,000 for 20 businesses compared with £840,000 for 11 pitches in the equivalent period of 2012." - Photo Source: CrowdCube

“In the first five months of 2013 it raised £4,400,000 for 20 businesses compared with £840,000 for 11 pitches in the equivalent period of 2012.” – Photo Source: CrowdCube

Crowdcube amazes again by reaching another great milestone of successfully raising over £10 million in funding. In May 2013, the company managed to set a world record for raising £1.5 million in just three days via an equity crowdfunding platform.Founded in 2010, Crowdcube offers the opportunity for small businesses to showcase themselves in order to obtain funding from investors. This UK based company has more than 40,000 registered investors making it one of the pioneers in the world of crowdfunding.

The founder of Crowdcube, Darren Westlake, started the website by spending 3 years and using £100,000 from family and friends with the goal of creating a new platform for investment. He wanted to make investment opportunities accessible to entrepreneurs by tearing down the walls of corporate financing. Currently, Crowdcube is gradually expanding their business ventures to other countries such as Sweden, Poland, Middle East, and Brazil. They have over 50 different businesses on their website from various sectors asking for funding.


When asked for the secret of their success, Darren Westlake and Luke Lang, the co-founder of Crowdcube, attributed their accomplishments to “perseverance, hard work and breaking over obstacles.” In order to successfully gain funding, their advice to entrepreneurs is “not to over complicate things making it difficult for investors to understand” and paying close attention to feedback. Crowdcube is a free equity crowdfunding platform for startups and investors to ask for funding on the website. For every successful fund-raising, Crowdcube will take a 5 percent cut. However, if a project does not reached its intended fund-raising goal, all the money will be returned to the investors.

For more information on investment opportunities or to be an investor, visit

For your Crowdfund Event coverage - LiveCrowdFund.TV

For your Crowdfund Event coverage – LiveCrowdFund.TV


[Source: Nicole Chow @ CrowdFundBeat]

Tags: , , , ,


This RSS feed URL is deprecated, please update. New URLs can be found in the footers at [...]

TechCrunchFormer Gawker employees are crowdfunding an effort to buy Gawker.comTechCrunchWhile Univision acquired most of Gawker Media's sites last year (and renamed them as the Gizmodo Media Group), the deal didn't include Gawker itself. In fact, BuzzFeed reported last month [...]

ForbesCrowdfunding Do's And Dont's From iFundWomen's Karen CahnForbesDuring our conversation, she was transparent in sharing that her first software company, VProud, failed because she “did everything backwards” and spent too much time trying to perfect the product. “Pe [...]

VentureBeatAtaribox preorders and crowdfunding campaign open on December 14VentureBeatAtari will start taking preorders for its Ataribox game console starting December 14. The New York company will also start its crowdfunding campaign on Indiegogo. In an email blast, Atari said, “We a [...]

CurbedHistoric French chateau now has 13000 owners from crowdfundingCurbedThe Chateau de la Mothe-Chandeniers has had many owners since its construction in the 13th century. Now more so than ever. Over 13,000 strangers have recently banded together to save the fairytale home—which fea [...]

Crowdfunding For French CastlesNPRYou too can own a French chateau, in part, anyway. Romain Delaume, CEO of Dartagnans, tells NPR's Scott Simon about a crowdfunding effort underway to preserve La Mothe-Chandeniers. SCOTT SIMON, HOST: What if I told you that for about $60, you cou [...]

Financial TimesCrowdfunding a mission to save capitalism from itselfFinancial TimesJeff Lynn is on a mission to save capitalism from itself at a time when millions feel locked out, and unable to foresee themselves better off than their parents. His answer: to democratise capital. That [...]

Comics BeatCrowdfunding Watch: Women to the RescueComics BeatAlas, another Monday begins. We're all here at our computers, staring at the screen until our eyeballs turn into raisins. I'll try to keep this week's crowdfunding round-up short and sweet. This week we'r [...]

WRAL Tech WireNew crowdfunding platform launches in North Carolina: LocalstakeNCWRAL Tech WireEasley points out that LocalstakeNC “is the first investment crowdfunding platform exclusively serving North Carolina. Startups and small businesses ranging from technology startups to retail [...]

Crowdfunding Campaign Underway To Establish Freediving Lanzarote DestinationDeeperBlue.comFreediving Champion Marianna Krupnitskaya has set up a crowdfunding page to help her set up an amazing freediving destination in the Canary Islands. The Freediving Lanzarote project will ultimate [...]

CFB Finance


  • Crowdfunding
  • Crowdfund
  • Peer to Peer Lending
  • FinTech
  • Reg A+
  • Reg CF
  • Crowdfunding USA

Press Release

Live Crowdfunding .tv

What's Next Step in Regulation A+ JOBS ACTS Title IIII :L Interview : Steve Cinelli with Brian Korn Securities and Crowdfunding/Peer-to-Peer Lending Lawyer, Watch more video library | Conference | Interview | Campaign Showcase | Research | Education |