Crowdcube is an investment platform that facilitates equity crowdfunding for growing companies.
The funding round was backed by venture funds including 7percent Ventures alongside nearly two thousand retail investors.
"We are currently seeing a significant interest in sustainable assets. There is a positive dynamic for those companies that have green products and are well run, with the right governance,"
The ethical marketplace surpassed its initial £150k target on Crowdcube to fund platform enhancements and user acquisition.
The company secured the seed investment from nearly 7,000 participants via Crowdcube.
"Since opening pre-registration for the private sale, we’ve had an overwhelming response from users around the world wanting to invest in Wirex. Our performance so far has proven to investors that we are making incredible advances in the fintech and crypto spaces, and this growth will only continue."
The company completed the largest convertible round in UK crowdfunding history in under 48 hours.
"This round means big things for Chip. The growth we’ve seen this year has been incredible, but it’s time to take the business to the next level. Right now we are presented with a huge opportunity to capture a slice of Europe’s €30 trillion savings market that’s ripe for disruption, and Chip is poised ready to accelerate and dominate this space as a market-defining savings and wealth management app."
The online art marketplace completed its first crowdfunding campaign with backing from 1,320 investors.
"We believe that Crowdcube’s focus on the B Corp movement was really powerful in convincing their community of investors and entrepreneurs to invest in Artfinder. It is an honour for us to be serving such a great community and also to have so many of our artists and customers on board as our shareholders, engaging all our stakeholders in the business."
