On Monday, Crowdcube announced it was the first UK crowdfunding platform to raise £200m for more than 430 businesses. This news comes just after lingerie and nightwear brand, Bluebella, secured over £1m through the funding portal from more than 600 investors. The equity crowdfunding platform stated: “We predicted last year that investment rounds would get bigger in 2016, with the average amount raised going up. In our experience, this prediction definitely rang true with the largest crowdfunding rounds to date having been completed on Crowdcube this year. As 2016 draws to a close, 116 raises have been done on Crowdcube, raising a total £69m for ambitious businesses in the last 12 months alone.” Read more: crowdfundinsider.com
