Crowdcube has reported a 20% increase in investment since the Brexit vote.

The crowdfunding platform said the final quarter of 2016 was the site’s best since it launched in 2011, with businesses raising nearly £80m collectively on Crowdcube across the year, bringing the total amount invested to £210m.

The last six years has also seen the average raise for a business jump from £239,000 to £642,000, while its investor community has grown from 8,000 to more than 340,000.

Meanwhile the size of Crowdcube’s largest funding round has increased by ten-fold since 2011, with BrewDog closing 2016’s biggest at £10m – one of the year’s biggest.

Luke Lang, co-founder of Crowdcube, said: “Brexit may be the word on everyone’s lips, but investment through Crowdcube over the last six months has been vibrant, with crowdfunding records being broken in terms of the size of investment rounds and the speed at which companies are funding.”

 

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