Samantha Hurst

Crowdcube Addresses Failure of Rebus. Explains 90% of Applying Firms are Denied from Raising Capital on Their Site

In response to Rebus being called the “biggest UK crowdfunding failure to date,” Crowdcube addressed the company’s failure on Friday. Back in February, Rebus, a company that raised over£816,790 on Crowdcube in 2015, announced that it was filing for bankruptcy.  According to data provided by Crowdcube, the company… Read More

Fashion Brand for Girls ILoveGorgeous Seeks £300,000 on Crowdcube to Offer First Boys Line

ILoveGorgeous, a fashion brand that’s dedicated to offering clothing for girls, has recently launched a Crowdcube campaign to raise £300,000 for its new line for boys. The brand, which was founded in 2006, offers clothes and accessories for girls ages 0-15. It has two shops that… Read More

Arrow’s Stephen Amell Reveals Why He Decided to Turn to Crowdfunding For “Code 8”

With his new film project, Code 8, continuing to be a huge success on Indiegogo, Arrow star Stephen Amell sat down with Deadline to discuss the campaign and why he decided to use the crowdfunding method. Code 8, which was created by Stephen and his cousin, Robbie Amell, takes… Read More

Brief: CAN Capital Hits $6 Billion Milestone

CAN Capital, a market share leader in alternative small business finance, announced on Thursday that it has reached the milestone of providing small businesses with access to more than $6 billion.  CAN Capital revealed that it has helped facilitate over 170,000 small business. In the past five… Read More

Indiegogo Announces 2016 Fellowship Program Winner

Earlier this week, crowdfunding portal Indiegogo announced the winner of its 2016 Fellowship Program with partner Independent Filmmaker Project (IFP). The Indiegogo team revealed: “Congratulations to the winner of the Indiegogo Fellowship: Skye Von’s Falling Out Of Love! Instead of making yet another traditional music video, Falling Out… Read More

Crowdcube #FundedClub Member PrimoToys Finishes Kickstarter Round; Scores $1.5M For Coding Toy “Cubetto”

On Thursday, Crowdcube #FundedClub member, PrimoToys, announced the closing of its Kickstarter initiative for the coding toy, Cubetto. The project successfully secured $1,596,457 from 6,553 backers. Cubetto is a toy for both boys and girls and is powered by what is described as a “tangible” programming language…. Read More

Frank Zappa Film Smashes Previous Kickstarter Documentary Record; Nears $1M During the Final Days

With nearly 24 hours until its Kickstarter campaign comes to an end, Who the Fuck is Frank Zappa?’s documentary has secured nearly $950,000 thanks to over 7,000 backers. The new film reportedly smashed the crowdfunding portal’s previous record of $859,425, which was achieved by Bill Nye Film. Last month, British actor… Read More

Groundfloor Reduces Loan Interest Rates By 10 to 50 Basis Points

Groundfloor,a real estate crowdfunding platform based in Atlanta, Georgia, announced on Thursday it has reduced its loan interest rates by 10 to 50 basis points. According to the funding portal, the loan rates will now start at 5.9 percent for “fix-and-flip” renovations. According to Groundfloor, investors… Read More

Fintech BlueVine Now Offering Flex Credit to Small Businesses; Appoints Google Capital’s Ana Sirbu as Vice President of Finance and Strategy

BlueVine, an online provider of working capital financing to small businesses, announced on Thursday it was now offering “flex credit” for companies to obtain a revolving business line of credit. According to BlueVine, flex credit offers companies a business line of credit between $5,000 and $30,000 with simple, transparent… Read More

Indiegogo Teams Up With Hasbro For Second Next Great Game Challenge

On Thursday, global toy brand Hasbro, Inc. (NASDAQ: HAS) announced it has teamed up with crowdfunding platform Indiegogo once again to launch its Gaming Lab Spring 2016 Next Great Game Challenge. As previously reported, Hasbro’s first crowdfunding gaming challenge with Indiegogo ran from August through… Read More

Elio Motors Appoints Jeffrey W. Johnstone Vice President of Engineering

Elio Motors, Inc. (OTCQX: ELIO), announced on Thursday that it has appointed automotive industry veteran, Jeffrey W. Johnston, as its new vice president of engineering   In his new role, Johnston will be responsible for all engineering of the full Elio vehicle, validation, safety, program management… Read More

Riversimple Looks to Raise £1M Through Sharein For Lightweight Hydrogen-Powered Vehicle “Rasa”

Riversimple, a UK-based hydrogen fuel-cell car brand, has launched a Sharein campaign to raise £1M for the development of its lightweight hydrogen-powered vehicle, Rasa. The Rasa is described as a two-seater “network electric” car that is powered by a hydrogen fuel cell. Riversimple confirmed that the vehicle’s… Read More

UK’s Rise Art Seeks £150,000 on Crowdcube to Expand Online Marketplace

Rise Art, an online marketplace for contemporary art, recently launched an equity crowdfunding campaign on Crowdcube to raise £150,000 as it prepares to expand. The company allows art lovers to easily buy or rent artwork. Its description reads: “We’re changing the way consumers find and own original… Read More

Interdimensional Games Launches Fig Initiative to Raise $300,000 For “CONSORTIUM: The Tower”

On Wednesday, gaming studio Interdimensional Games launched a crowdfunding campaign on Fig to secure $300,000 for CONSORTIUM: The Tower. The game is considered a follow-up to the 2014’s CONSORTIUM.  CONSORTIUM: The Tower is described as  a single-player, first-person sci-fi simulation built upon the Unreal 4 Engine. Its story… Read More

Brief: Crowdcube Looks Back At Silkfred’s Success

Continuing to share more stories of its platform’s funding successes, Crowdcube revealed a timeline of its #FundedClub member, Silkfred. SilkFred, which is described as a platform that provides online and offline routes to market for independent fashion brands, secured £145,610 from 70 investors in 2013 and has since… Read More

“Rock Band 4 For PC” Fails to Raise $1.5M on Fig; Harmonix Reveals What’s Next For the Game

On Tuesday, Harmonix’s Fig campaign unfortunately closed after only achieving 52% of its funding goal for the game, Rock Band 4 for PC. The company, which is behind various popular games such as Rock Band, Dance Central, and Kickstarter project Amplitude, launched the initiative last month seeking $1.5 million for the… Read More

PledgeMusic Appoints Music & Media Industry Veteran Dominic Pandiscia As New CEO

PledgeMusic, a crowdfunding platform that’s dedicated to music, announced on Wednesday that it has appointed Dominic Pandiscia as its new CEO. This news nearly a month after the company acquired NoiseTrade & Set.fm. The company revealed that Pandiscia more than 20 years of experience in music and… Read More

Middle East Peer-to-Peer Platform liwwa Secures $2.3M During Seed Investment Round Led By Silicon Badia

Last week, Middle East peer-to-peer (P2P) liwwa announced that it has secured $2.3 million during a seed investment round, which was led by Silicon Badia with participation from by Bank al Etihad, DASH Ventures, and MENA Venture Investments (MVI). Established in 2012, Liwwa was incubated at Harvard’s Innovation Lab before… Read More

Peer-to-Peer Lending Platform Folk2Folk Appoints Law Firms to Legal Panel

Peer to peer lender Folk2Folk announced on Wednesday that it has appointed law firms across the UK to its new national Legal Panel. The platform revealed details about the new panel earlier this year. According to Folk2Folk, a growing Legal Panel enables it to expand nationally… Read More

Brief: Kiva Zip Forms New Partnership With Malena to Launch Crowdfunded Order Platform

On Wednesday, Kiva’s loan lender, Kiva Zip, announced that it has teamed up with ecommerce marketplace, Malena, to launch a crowdfunded order platform. The lender revealed how it works: Users invest in an entrepreneur or small business to fulfill an order of their products, and in return… Read More

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