Crowdfunder, a Newquay, Cornwall, UK-based rewards-based crowdfunding platform, raised approximately £648k in equity crowdfunding.
366 backers including existing investor Nesta, which pledged £150k, acquired a 12.98% equity stake in the company via Crowdcube.
The company intends to use the funds to accelerate growth and develop the technology.
Led by Rob Love, Chairman, and Phil Geraghty, Managing Director, Crowdfunder UK is a rewards-based crowdfunding platform for businesses, charities and community projects to pitch their ideas, raise funds from the crowd, whilst also validating their ideas and increasing the opportunity to find match-funding.
FinSMEs
13/05/2014