The European platform for investment in startups and companies channeled 17 million euros to Spanish companies in 2021 through 13 operations. The average size for each operation reached 1.27 million euros and in terms of year-on-year growth, the company channeled 150% more capital than in 2020, which allowed the mobilization of nearly 17 million euros in companies in our country.
Since Crowdcube started its operations in Spain in 2014, more than 35,000 investors of retail profile and Business Angel have invested a total of 63 million euros in 123 local operations. In 2021 alone, the platform made possible some of the most notable investment rounds in the Spanish entrepreneurial ecosystem, such as Heura Foods, Wuolah, Velca, ID Finance or TropicFeel.
In 2021, an average of 604 investors participated in each of the Spanish operations, of which 50% are Spanish and the rest from an average of 70 countries. These figures show that Spain continues to be a central node for the platform, both because of the contribution of the Spanish market to the company’s global performance, and because the platform’s headquarters, in Barcelona, remained the spearhead of its growth strategy in Europe.
For Orange Blossom MirrorCountry Manager of Crowdcube in Spain, “These results occur in a context in which Spain has established itself as the fourth European market with the greatest venture capital activity, but also in which both companies and funds are increasingly showing a greater willingness to incorporate crowd tranches into rounds. aimed at professional and institutional investors. This trend responds to a double finding: on the one hand, having a network of retail investors in the capital of a company using our legal vehicle improves and facilitates its governance and, on the other hand, it allows the building of a community of true fans of the brand that not only consume its products and services, but also participate in its growth”.
Over this increasingly porous barrier between professional and participatory rounds, in 2021 Crowdcube offered its investors the possibility of co-investing with venture capital funds in 85% of its operations. Also, Mirror adds, “Although it may seem that venture capital and retail investors are incompatible, the reality is that the collaboration between the two is now very common in the United Kingdom and Europe. It is an upward trend, since venture capital increasingly understands better the value of incorporating the retail investor in companies in its portfolio”.
At a European level, in 2021 Crowdcube channeled 295 million euros to 262 companies and doubled the size of his team, going from 60 to 120 professionals. In December, the company also closed a round of its own investment of 14 million euros led by Circle, owner and operator of SeedInvest, the leading platform in the United States for fundraising startups.
