We’re pleased to report that LOVESPACE has won the award for Best Equity Crowdfunded-Angel Investing Deal at the 2014 UKBAA Angel Investment Awards. The award, which was supported by Bovill, was open to equity crowd-funding platforms, business angel networks, syndicates and individual investors.
The judges felt that the deal demonstrated a strong example of a connected market place. Lovespace raised a very significant sum through Crowdcube’s platform, exceeding our original target by 167%, attracting an impressive mix of crowd funded and mainstream equity from both UK and European VCs and a significant number of industry expert angel investors to support our future expansion.
Meanwhile, our Managing Director Steve Folwell had this to say: “We were absolutely delighted with the crowd funding process and experience and this award is a very welcome extra bonus. I hope that this recognition encourages other start-ups and high growth businesses to consider crowd funding platforms like Crowdcube when they are looking to raise capital. It’s a brilliant way to build a really diverse set of shareholders and advocates for your business whether they’re customers, partners, angel investors or VCs.”