The best equity crowdfunded – Angel deal award was present to Lovespace at the UK Business Angels Association award ceremony last night. Lovespace overfunded on Crowdcube easily exceeding their £600,000 objective and then found additional capital from DN Capital who added a significant £250,00 to the till. The company had been previously recognized as one of the “UK’s top-50 most disruptive companies”.
Lovespace was nominated by Crowdcube and Smedvig Capital. The Judges felt that the deal demonstrated a solid example of a connected market place. Lovespace, raised a very significant sum through Crowdcube’s platform , exceeding their original target by 167%, and attracting an impressive mix of crowdfunding and mainstream equity from both UK and European investors to support the further expansion of the business.
The other companies on the short list included:
- Captive Media
- Seedrs
- Lovespace
- E-go Aeroplanes
- Flavourly
- Beer52
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