Crowdcube in the Nordic

Equity crowdfunding site CrowdCube is extending their reach into Sweden.  The UK based equity crowdfunding platform has experienced great success in the UK over the past couple years having raised over £6.7 Million from over 34,000 registered investors.

In a note posted on the Swedish Crowdcube site it was stated,

We are now challenging conventional venture capital by launching groundbreaking equity crowdfunding – Crowdcube in Sweden.

Crowdcube already has more than 33,000 members in the UK since its inception two years ago and has helped more than 40 entrepreneurs to raise a total of 57 million in capital.

Securing new capital for young growth companies is always a great challenge. In today’s economic climate, it is even more difficult. Banks do not lend money if the borrower is willing to risk house and home. Meanwhile, business angels and venture capital firms are frequently out of reach for small businesses. In addition, all of these processes take a very long time. Read more

Crowdcube.se