Crowdcube Companions with Episode 1 on £100 Million Funding Fund

Looking for to fund digital infrastructure and deep tech startups, Crowdcube is partnering with Episode 1, buyers in Zoopla, Shazam, and carwow, in response to a launch. The £100 million fund will put money into the subsequent era of infrastructure and deep tech startups within the digital sector. The partnership will see retail buyers make investments alongside the fund in choices listed on the crowdfunding platform.

The arrival of COVID has fueled digital transformation at nearly all corporations. The demand for distant working and cloud-based choices stays robust. The partnership will goal to give attention to this transition. The crew at Episode 1 invests in B2B software program companies which have the potential to be billion-pound firms.

Since 2011, Crowdcube has hosted greater than 1,120 choices. The funding platform reviews greater than 900,000 members producing a complete of £850 million into campaigns.

Crowdcube explains that chosen companies may have their pitch reviewed by Episode 1 and be thought of for funding, forward of a funding spherical on Crowdcube. To qualify, the companies will must be registered within the UK and seeking to elevate between £250,000 to £three million. Chosen companies might obtain funding from each Episode 1 Ventures, and thru a securities crowdfunding marketing campaign on Crowdcube.

Crowdcube explains that companies funded by this new partnership will observe within the footsteps of manufacturers like Bidstack, Intelligence Fusion and Fidel UK, all of whom beforehand raised finance on Crowdcube. Fidel UK accomplished an $18 million Sequence A spherical in 2019.

Simon Murdoch, Managing Companion of Episode 1, explains:

“B2C companies are straightforward to grasp, so they have a tendency to get extra protection than B2B companies, significantly these that are extra specialist. What we’ve discovered is that numerous IPOs within the US are B2B. In 2018-2019 there have been six instances as many IPOs for B2B than there have been for B2C companies. Sectors which might be missing in competitors, like software program infrastructure and deep tech, are good areas for buyers to look into.”

Matt Cooper, Chief Industrial Officer, Crowdcube says they’re delighted to be partnering with Episode 1. Developments in API-driven expertise, open-source tech and analytics software program at the moment are extra vital than ever.

“We recognise this potential and wish to give on a regular basis buyers the chance to be part of their future success.”

Functions at the moment are open and can shut on October 30th.