Thursday, May 13, 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:

     

    5e3b97728b2e4bf58c9ff7822befe328?s=96&d=mm&r=g
    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.

    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
    Advertisement

    Become a Patron of The Steeple Times

    Independent journalism will only remain independent if it is supported by clear-thinking people like you. We each have the command to make a real difference. Join us.

    2,628FansLike
    2,068FollowersFollow
    11,020FollowersFollow

    Subscribe For DAILY NEWS

    Please subscribe, like and share this very British site, it helps us grow. Your data is protected and The Steeple Times will send you an email at noon everyday that we rather trust you will enjoy.

    Advertisement

    Other Stories You May Enjoy

    Menendez Take on TikTok 2021 – Erik and Lyle Menedez convictions – As the Menendez brothers case goes viral courtesy of their newfound TikTok supporters, it is time for their case to be reassessed and their convictions reduced to manslaughter suggests Matthew Steeples.

    Menendez Take on TikTok

    As the Menendez brothers case goes viral courtesy of their newfound TikTok supporters, it is time for their case to be reassessed and their convictions reduced to manslaughter suggests Matthew Steeples Brothers Erik and Lyle...
    Nathan in November – Ghislaine Maxwell trial moved to 29th November – Ghislaine Maxwell’s trial before Judge Nathan moved to 29th November in spite of her crackpot lawyer claiming jurors won’t be fair to her because they will want to be home for Christmas.

    Nathan in November

    Ghislaine Maxwell’s trial before Judge Nathan moved to 29th November in spite of her crackpot lawyer claiming jurors won’t be fair to her because they will want to be home for Christmas.
    Wisdom From Wales 2021 – Analysis of election results and Labour – Nikolay Kalinin delves into Labour success in Wales in the recent elections and suggests if the party wants to win nationwide they should pay heed to what went on there.

    Wisdom From Wales

    Nikolay Kalinin delves into Labour’s success in Wales in the recent elections and suggests if the party wants to win nationwide they should pay heed to what went on there.
    Hoping v Helping 2021 – Sue Homan slams Michael Barrymore – Sue Homan “slams” deviant disgrace Michael Barrymore for not helping secure justice for her murdered ex-husband Stuart Lubbock.

    Hoping v Helping

    Sue Homan quite deservedly “slams” deviant disgrace Michael Barrymore for not helping secure justice for her murdered ex-husband Stuart Lubbock.
    Fagin’s Bentley – Ex-Ron Moody 1961 Bentley S2 Continental for sale – 1961 Bentley S2 Continental drophead coupé owned by Golden Globe award winning actor Ron Moody – best known as ‘Fagin’ in ‘Oliver!’ – for sale for 329% more than it sold for in 2014 after restoration. Offered by Frank Dale & Stepsons for £295,000 ($413,000, €339,000 or درهم1.5 million).

    Fagin’s Bentley

    1961 Bentley S2 Continental drophead coupé owned by Golden Globe award winning actor Ron Moody – best known as ‘Fagin’ in ‘Oliver!’ – for sale for 329% more than it sold for in 2014 after restoration.
    A Hiding in Hartlepool 2021 – Labour loses Hartlepool to the Tories – Nikolay Kalinin shares his thoughts on Labour’s electoral hiding in Hartlepool.

    A Hiding in Hartlepool

    Nikolay Kalinin shares his thoughts on Labour’s electoral hiding in Hartlepool.
    Maxwell, McCann & Menendez… And Matthew Steeples – ‘The Steeple Times’s’ Matthew Steeples to answer questions live during YouTube premiere of his ‘Maxwell, McCann & Menendez’ interview with Shaun Attwood on Saturday 8th May 2021. Prince Andrew, Sarah Ferguson, Jeffrey Epstein, Ghislaine Maxwell, Robert Maxwell, Michael Barrymore, Stuart Lubbock, Terry Lubbock, Marie-Claire von Alvensleben, Rolf Harris, Stuart Hall, Max Clifford, Owen Oyston, Madeleine McCann, Gerry McCann, Kate McCann, Catherine Meyer, Sir Christopher Meyer, Luke Durbin, Martin Allen, Ben Needham, Jeremy Bamber, White House Farm, Lyle Menendez, Erik Menendez, Robert Rand, Hazel Thornton, Gavin Newsom, Mark Alexander, Terry Waite, Corey Feldman.

    Maxwell, McCann & Menendez… And Matthew Steeples

    ‘The Steeple Times’s’ Matthew Steeples to answer questions live during YouTube premiere of his ‘Maxwell, McCann & Menendez’ interview with Shaun Attwood on Saturday 8th May.
    Word of the Week 2021 – Going to the Polls – Fox v Binface – Susie Dent shares the fascinating origin of “going to the polls” just as Count Binface looks to get more votes than Laurence Fox in spite of the latter having a ludicrous £5 million campaign pot.

    Word of the Week 2021 – Going to the Polls

    Susie Dent shares the fascinating origin of “going to the polls” just as Count Binface looks to get more votes than Laurence Fox in spite of the latter having a ludicrous £5 million campaign pot.
    Starmer’s Multifaceted Mess 2021 – Labour fail to make inroads – Nikolay Kalinin suggests that in spite of their crusade against Tory sleaze, Labour’s Sir Keir Starmer is failing to make any inroads and finds himself in a multifaceted mess.

    Starmer’s Multifaceted Mess

    Nikolay Kalinin suggests that in spite of their crusade against Tory sleaze, Labour’s Sir Keir Starmer is failing to make any inroads and finds himself in a multifaceted mess.
    Earn From The Lord – £34k for church hall that could earn £300 per night – Former church hall on the Isle of Lewis to be sold for just £34,000 in spite of the fact that it could earn the buyer £300 per night – Lionel Mission Hall, Lionel, Barvas, Isle of Lewis, Scotland, HS2 0XD, United Kingdom to be sold by Future Property Auctions on 7th May 2021.

    Earn From The Lord

    Former church hall on the Isle of Lewis to be sold for just £34,000 in spite of the fact that it could earn the...

    Popular Articles From The Past

    Weather

    London
    clear sky
    9.6 ° C
    10 °
    8.9 °
    87 %
    4.1kmh
    10 %
    Fri
    12 °
    Sat
    13 °
    Sun
    12 °
    Mon
    14 °
    Tue
    8 °