CCR Magazine

CSA Top Banner
You are here  :Home arrow News arrow Welsh businesses to raise more than £1 million through Seedrs
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Welsh businesses to raise more than £1 million through Seedrs PDF Print E-mail
Thursday, 11 June 2015

Hokkei, a new Cardiff based restaurant launched by two MasterChef finalists Dale Williams and Larkin Cen, is looking to raise £275,000 through the Seedrs equity crowdfunding platform.

Williams and Cen are looking to share 25 per cent of the business which aims to flip Chinese takeaway food on its head and remove the stigma attached to takeaways being unhealthy and unadventurous.
 
The campaign, which is already live on Seedrs has drawn the attention of more than 160 investors including Go Compare co-founder, Hayley Parsons, who has invested £50,000 of her own money for around 4.5 per cent of the business.
 
With £225,000 already committed to the campaign, Seedrs is on course to smash through the £1 million milestone. Indeed upon completion of this round the total amount invested in Cymru based businesses through the Seedrs platform will be more than £1 million after six successful fundraising rounds. This includes Veeqo, a Swansea based tech startup, which previously raised £700,000 through the crowdfunding platform including investment from New Look founder, Tom Singh.
 
Additionally, Fuzmo, an image sharing service aimed at animal lovers, initially turned down an offer on BBC’s Dragon’s Den and instead raised investment through Seedrs.
 
Jeff Lynn, CEO at Seedrs said: “We’re proud to be on the cusp of raising £1 million for Wales based businesses. Wales has become a hotbed for innovative start-ups and these businesses have selected Seedrs to raise investment because of our ‘equity crowdfunding done properly’ approach.
 
“We’re hoping to use this milestone, and our new relationship with Impact Innovations, as a launch pad to raise more capital for Welsh businesses and believe that equity crowdfunding can help these companies to fulfil their growth ambitions.”
 
The UK alternative finance market is predicted to grow to £4.4 billion in 2015 up from £1.7 billion in 2014 as businesses increasingly look to source more efficient ways to raise capital.
 
Between 2012 and 2014 the equity crowdfunding sector alone grew by 410%.  Against this backdrop, in the past three years Seedrs has become the most successful equity crowdfunder in Europe, funding 110 deals in 2014.

(Source - Seedrs Press Release)
 

 
Enghouse Side Banner

CSA side

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

CSA

subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197