Nine SMEs have been selected as finalists for Virgin’s ‘Pitch to Rich’ competition, including three small businesses that gained alternative funding on Crowdcube.
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The boutique gym venture 1Rebel surpassed its £1.15m funding target in just 11 days, raising a total of £1,559,370 – 136% over target – through the crowdfunding platform Crowdcube.
Alternative finance innovators Crowdcube have used their own platform to secure their entire “Series B” target top-up fund of £1.2m in just 16 minutes, attracting contributions from 141 investors.