Friday, December 3, 2021

The rewards of crowdfunding

Section:

Crowdcube raise £1.2 million in 16 minutes as Glentham Capital proceeds with their second fund raise via Seedrs

 

This week the UK’s largest crowdfunding platform, Crowdcube, opened and closed their bid to raise £1.2 million to expand their company in just 16 minutes. This followed their having raised £3.8 million of investment from Balderton Capital last week.

 

The Crowdcube team watching their firm achieve a record breaking raise
The Crowdcube team watching their firm achieve a record breaking raise

Exeter based Crowdcube were backed by 141 investors and will use the funds raised to expand the company’s operations both in the UK and internationally.

 

Darren Westlake, who co-founded Crowdcube with Luke Lang in 2011, commented:

 

“This is the first time that any sizeable fundraise has meshed traditional and alternative finance methods and we expect to see more of this in the future”.

 

“Crowdcube is in a fantastic position to pursue our growth plans and continue to support both investors and small and growing businesses in their investment and finance requirements”.

 

Elsewhere, Pandora Edmiston, chief executive of Glentham Capital, informed The Steeple Times that her company’s second fundraise using the Seedrs crowdfunding platform has reached an impressive £160,000 of its £450,000 target with 43 days still remaining. This news comes despite a barrage of critical questions on the Seedrs platform directed at the company’s somewhat controversial founder, Nicola Horlick.

 

That Horlick – known in media circles as “Superwoman” as a result of her “balancing her high-flying finance career with bringing up six children” and for one of her company’s investments with the Ponzi schemer Bernie Madoff – has come under fire in the Q&A section of the Seedrs website is interesting. Investment via crowdfunding is something that remains very much unchartered water for the majority and that questions are being asked and answered can only be for the good of both those looking to partake and those seeking to raise funds.

 

Crowdfunding offers a great way for start-ups to get investment at a time when traditional fundraising methods have become more and more difficult. This is a sector that is expanding and it is something that, where properly managed and regulated, ought to be celebrated and welcomed.

 

 

Subscribe to our free once daily email newsletter here:

    Success! Thanks for Your Request.
    Error! Please Try Again.

     

    The Steeple Times
    We research and background check our articles. If you believe we have made and error in some detail please get in touch, we seek always to write the truth and stand against a press owned by a self selected few. Please help us, we will accept all your likes, subscriptions and anonymous suport. The Editor and his team at the Steeple Times.
    Advertisement

    2 COMMENTS

      • Nicola Horlick is a much maligned woman and this is not deserved. Her success is envied by bitter individuals and frankly this should stop. If she were a man, you’d all be cheering her on. She didn’t control the Madoff investment by the way and before you start on about her cafe/restaurant in Barnes, it was through lack of support and overcharging by the council that she failed. Support this star – don’t attack her.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Advertisement

    £1 per week Supports The Steeple Times

    Help journalism to remain honest & independent. You can make a difference to the world today.

    2,780FansLike
    2,068FollowersFollow
    11,771FollowersFollow

    Subscribe For DAILY NEWS

    Please subscribe, like and share this unique site, it helps us tremendously. The Steeple Times in return will send you an email at noon each and everyday, that we sincerely hope you will enjoy & look forward to seeing in your inbox.

    AD
    Advertisement

    Recent and Popular

    (Un)Signed Ghislaine Maxwell 69 Stanhope Mews East

    (Un)Signed Ghislaine

    Crowdfunder for documentary supporting alleged mucky madam Ghislaine Maxwell fails to sign up a single supporter just as signs go up at her former home about filming and dog pee.
    Clowning Around Boris Johnson Sir Keir Starmer

    Bosie – Stop Clowning Around

    Matthew Steeples suggests Boris Johnson needs to stop clowning around and tell the truth about his strategy to fight COVID-19 and Omicron this winter.
    Poisonous apple Ghislaine Maxwell

    Ghislaine Maxwell – A Genuinely Poisonous Apple

    References to Adam and Eve from Ghislaine Maxwell’s defence team ignore the fact she is a genuinely poisonous apple; references to Jeffrey Epstein being like James Bond are equally ludicrous suggests Matthew Steeples.
    Lowbrow Lindsay Lohan

    Lowbrow Lindsay Lohan Reaches A New Low

    When you thought lowbrow loser Lindsay Lohan couldn’t go any lower, the ‘celebutard’ predictably delivers.
    Day of Destiny Scott Borgerson Ghislaine Maxwell Jeffrey Epstein Prince Andrew

    Ghislaine Maxwell’s Day Of Destiny

    As Ghislaine Maxwell faces her day of destiny at the ‘trial of the century,’ her brother ridiculously claims their pension robbing father’s “reputation was trashed beyond belief” and announces of his sister: “This time, let’s bring this ship home.”
    Karl Lagerfeld Rolls-Royce

    Rolling With Karl Lagerfeld

    Three Rolls-Royces that belonged to the late designer Karl Lagerfeld to be auctioned by Sotheby’s; the eccentric never drove them himself.
    Amanda Platell with paedophile Rolf Harris

    Moron of the Moment – Amanda Platell

    Paedophile and sex offender apologist Amanda Platell’s claims that the BBC “conned” her into an interview about the royals are beyond laughable.
    Haider Malik

    Hero of the Hour – Haider Malik

    Unemployed graduate Haider Malik’s decision to seek work by standing with a pop-up-stall outside Canary Wharf tube station paid off with a top job offer.

    Over a Million Views

    Omid Scobie Meghan Markle Duchess of Sussex Finding Freedom

    Who REALLY is Omid Scobie?

    An examination of the true character traits of the Duchess of Sussex’s PR peddling biased ‘bestie’ Omid Scobie by Nikolay Kalinin.
    Justice for James Scurlock – Power of social media proven after the senseless murder of James Scurlock in Omaha, Nebraska allegedly by a bar owner Jake Gardner who has been photographed with Donald Trump.

    Justice for James Scurlock

    Power of social media proven after senseless killing of James Scurlock in Omaha, Nebraska allegedly by a controversial bar owner named Jake Gardner who has been photographed with Donald Trump.
    Moron of the Moment – Prince Harry – With his marriage to the former Meghan Markle, Prince Harry has morphed into an utter bore.

    Moron of the Moment – Prince Harry

    With his marriage to the woman formerly known as Meghan Markle, Prince Harry has morphed into an utter bore   Prince Harry used to be a fun loving sort. He boozed, partied and enjoyed playing pranks. Now, having married ‘Murky Mucky Mendacious Meg,’ it seems those days are over.   Supposedly, according to...
    Omid Scobie Sadie Quinlan Yankee Wally

    Scobie Orf!

    ‘MeGain’s’ bestie Omid Scobie deservedly gets slammed by ‘Yankee Wally’ Sadie Quinlan for getting her shut down on Twitter; this childish chap should now just ‘belt up, wrap up and shut up.’
    A Massive Media Maelstrom – McCann, Mandelson and Maxwell – Matthew Steeples highlights how the ‘Mandelson Media Method’ is very much in play in both the case of the Prince Andrew-Jeffrey Epstein connection and the renewed interest in the Madeleine McCann disappearance.

    A Massive Media Maelstrom – McCann, Mandelson and Maxwell

    Matthew Steeples highlights how the ‘Mandelson Media Method’ is very much in play in both the case of the Prince Andrew-Jeffrey Epstein connection and the renewed interest in the Madeleine McCann disappearance.
    Richard Madeley Diana Princess of Wales

    Moron of the Moment 2021 – Richard Madeley

    As the new Diana, Princess of Wales statue is mocked as looking like him, ‘Dorian Gray of Daytime Telly’ Richard Madeley pathetically claims he got PTSD due to worrying about his son’s wedding.

    Weather

    London
    broken clouds
    7.4 ° C
    8.9 °
    5.9 °
    92 %
    2.1kmh
    75 %
    Fri
    7 °
    Sat
    6 °
    Sun
    5 °
    Mon
    5 °
    Tue
    6 °