Friday, 13 July 2012

News from Crowdcube

New fast and secure online payments method

   GoCardless ensures that your money stays in your account until a pitch
   hits 100 per cent of its funding target. The secure one-off direct
   debit is quick and easy to set up and will automatically be cancelled
   if a pitch doesn't reach its target. So you'll never miss out on a
   pitch and the money stays in your account.

Company turns down two VC's and raises £600k on Crowdcube

Escape the City

Escape the City, a website that helps ambitious professionals to
   make exciting career transitions, stunned The City by turning down two
   high profile venture capital firms to use Crowdcube.  Rob and Dom, the
   co-founders, then went on to successfully raise £600,000 in just two
   weeks on Crowdcube.

   The press loved the story too with writing 'Start-up shuns
   VC investment, crowd-funds £500,000 in a week' while The Times went
   with the headline 'Taking the alternative approach to raising
   money'. See links below:

Pitches on Crowdcube

Universal Fuels
   Fresh after receiving £100,000 from a private investor through
   Crowdcube, and £100,000 loan from a high street bank, Universal Fuels
   are seeking another £50,000 to complete their funding requirement.

Frontup Rugby
   Front Up is a UK rugby fashion brand backed by a growing number of
   professional players and a team of experienced retailers. England
   International James Haskell is an investor and member of the Front Up
   board of directors.

Savvy Mummys
   Savvy Mummys is Groupon for mums. After only 10 months we are the UK's
   leading daily deal site for mums with over 80,000 mums signed up to
   receive our daily deals.

   Recruiter Site is a low cost online Job Posting and candidate online
   recruitment solution.

Fruit Connect
   Fruit Connect is an online media website and social network, focused
   largely on the English speaking, Gay & Lesbian markets of UK, USA,
   Canada, and Australia.

Roland Hayes
   Roland Hayes is a fresh new British brand that challenges the
   traditional high end men's footwear market.