Vulpine Easily Cycles Past £500K Crowdcube Goal: What Will Vulpine Do with the Extra Funding?

Vulpine 5Last week Vulpine, a UK-based cycling clothing brand, launched an equity crowdfunding campaign on Crowdcube with a mission to raise £500,000 for product and international expansion.  The brand easily cycled past its goal, closing in on £845,00 as of this writing.

Faced with the decision of continuing to overfund, Founder Nick Hussey decided to end the campaign on 1 November. In a pitch update Hussey wrote:

Nick Hussey“Having reached £750,000 in a week, from our original full 30 day target of £500,000, we, with current shareholders and the directors, have made a decision to end overfunding soon, so that we can concentrate on Christmas and start nailing what we set out in our plan. All investment pledges will need to be in by midnight, UK time, on Sunday the 1st of November.”

Hussey continued:

“I’m afraid we cannot accept any others past this point. It may be advisable to place your investment during office hours this week, particularly if abroad, as CrowdCube won’t be able to help if the site doesn’t process your investment over the weekend. We will also stop investment if we reach £1,500,000. Whichever comes first, date or amount.”

Vulpine 4With concern to overfunding phase, Hussey remarked that current investors, including himself, would become “diluted,”  a motion that went to a vote and was agreed. For those who have or are about to invest in Vulpine, “overfunding won’t change anything except the company you invest in now has more resources to grow faster and is less likely to be diluted later, as we are better funded now.”

What will Vulpine do with the extra funding?  Something deliberately transparent:

Vulpine 2“Importantly, right now, nothing beyond our £500,000 plan. But we will begin planning out how we can use some of this amazing new resource to build an even better, faster growing company. It’s not there ‘to be spent,'” posted Hussey.  “It’s not a luxury. It’s a resource to be carefully metered out on the things that work and we have discussed with you already. Our approach is sensible. There will be no fancy offices, gold thrones, or cycling butlers handing out hot towels on staff rides. You are committing your money to make a more valuable company, so you can get a great return later. That is the focus. We will use it wisely, at the right time.”

 


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Disclosure Quest

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 20, 2026 vs Jan 1, 2025 - Oct 20, 2025

Share this graph
Number of Filings129Prior 124 +4.0%
Target Raise, Total$3.37BPrior $3.52B -4.3%
This YTDYear priorChange
Filings 129 124 +4.0%
Target raise $3.37B $3.52B -4.3%

Sponsored by the Crowded Media Group the leading digital news service covering the global Fintech Industry, including digital assets, crowdfunding, tokenization, and other innovations in capital markets. email us @CrowdfundInside

Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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