Biggest Single Equity Crowdfunding Investment Ever? One Investor Backs Sugru with £1 Million

Sugru Fix That ThingSugru, raising equity on Crowdcube, rocketed past £1 Million in just 4 days earlier this month.  The crowdfunding campaign benefitted by a solid consumer base of users and an expanding retail network.  Sugru is moldable glue, described as 21st century duct tape.  Early on in the funding round, investors ranged from £10 to £40,000.  Now there is a single investor who backed the offer with £1 million.

 

One Pound UK £While I am not certain if this is the “largest ever” it is a lot for a single investor to contribute through a crowdfunding platform.

Sugru is in over-funding mode having raised £2.7 million from over 2000 investors.  The original offer was for a 4% equity stake in the young company.

The product is in use in over 160 countries and recently signed distribution deals with Lowe’s and Target in the US – so they have plenty of room to grow.  The offer is still open so if you are interested you may check it out here on Crowdcube.


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