On Tuesday, UK-based equity crowdfunding platform Crowdcube announced it was introducing the feature “Flags” to help investors identify global investments opportunities that are live on its portal. Crowdcube reported that it wants investors to be able to diversify their portfolio geographically and the feature will allow them to identify opportunities at a glance.
“With investors from over 100 countries, Crowdcube has a strong international community, with the top countries by number of investors, outside of the UK, including Spain, Ireland, Italy, Australia, and Germany. Our diverse investor community makes us the first choice for many European businesses that want to reach an international investor base. Besides the UK, the Crowdcube platform has successfully raised funds for companies based in Spain, Ireland and the US. In addition to our Spanish office, which has European reach, the number of US-based companies on Crowdcube will increase significantly in the coming months.”
Crowdcube also revealed that in 2017 alone it successfully funded 148 companies, 23 of which were based outside the UK and raised a combined total of over €8.3m, which is an increase of 56% from 2016. The platform listed the following campaigns as examples:
- Wave (Spain). £1.5 million raised in two cross-border capital raises on Crowdcube.
- Keen Home (US). Nearly £3 million raised from 300 investors in a dual campaign through Crowdcube and SeedInvest.
- House my Dog (Ireland). £500,000 raised from 355 investors.
- Santamania (Spain). £1 million raised from 759 investors on Crowdcube, making it the biggest ever equity crowdfunding round in Spain.
Crowdcube added its current international opportunities include companies such as Nanusens (Spain), Splash Wines (US), Playerhunter (Austria) and Nootric (Spain).