These are the 10 biggest crowdfunding rounds of the last year on Crowdcube
Find out which businesses have successfully raised £2m or more on the equity crowdfunding platform in the past 12 months to September...
Once the funding option for early-adopters and those looking to move away from traditional means of start-up finance, crowdfunding has officially gone mainstream and has become one of the major funding avenues for new businesses in the UK today.
In the past 12 months, we've seen a high-street bank merge with a crowdfunding platform, a number of high profile sports stars such as Andy Murray and Victoria Pendleton invest in crowdfunding campaigns, and the launch of a crowdfunding platform solely focused on supporting female entrepreneurs.
It may be deemed “alternative finance”, yet crowdfunding is now a popular, and conventional, finance option.
With that in mind, Crowdcube – one of the UK's largest equity-based crowdfunding platforms – has today revealed its latest growth report which details that the amount raised by businesses through its site has increased by more than 50% to £86m in the last year.
What's more, there were 137 raises completed with the average amount raised by businesses jumping from £449,000 in 2014/2015 to £627,000 for 2015/2016.
A number of companies have also succeeded in raising multi-million pound crowdfunding rounds via Crowdcube in the past 12 months, with 10 companies having secured impressive rounds of over £2m* each. Crowdcube has rounded up these success stories below – including its very own crowdfunding campaign…
10. Hochanda – £2m
Find out more about the craft TV channel in our Hochanda interview.
Learn more about GripIt fixings and its young entrepreneur founder here.
Read the story behind BrewDog in our BrewDog award winner's profile.
Find out more about eMoov's crowdfunding round.
4. 1Rebel – £3m
Get more information about Chilango's crowdfunding round.
Find out more about goHenry's crowdfunding round.
1. Crowdcube – £6.7m/h3>
*Figures have been rounded up