Discover Startup Events Near Me 

Crowdcube does some raising of its own, nets £10 million to fuel European market entry – Tech.eu

UK-based crowdfunding platform Crowdcube has raised £10 million in a round led by Circle Internet Financial, owner and operator of SeedInvest, a US-based crowdfunding platform. The funding arrives as Crowdcube posted record numbers, with £200 million invested, a figure up 21% year-over-year and over 208,000 investments made. This, on top of the addition of 174,000 new members, upping Crowdcube’s numbers to a total of 1.2 million. The fintech’s valuation has increased by 57% to £140 million since its last funding round in 2018 and it has raised around £30 million in total from both institutional and retail investors. In addition to Circle Internet Financial/SeedInvest (not to be confused with Vienna’s Speedinvest), existing Crowdcube backers Molten Ventures and Balderton Capital also participated in the funding round.

Startup Around is now on Telegram and Whatsapp. For the best startup stories & resources, subscribe us on Telegram & Whatsapp.
Ad