Crowdcube, the pioneering investment crowdfunding platform, today announced that it has raised £6m of investment.

A number of high-profile investors such as Numis, a leading UK stockbroker and corporate advisor, and iconic Silicon Valley investor Tim Draper, have joined this new funding round. Crowdcube’s existing backers Balderton Capital, one of Europe’s largest venture firms, remain part of the funding process alongside these new-comers.

This investment is particularly significant as it will be used to develop a new solution offered by Crowdcube for companies going public. In addition to this, capital will also be used to continue marketing activities and accelerate growth.

Darren Westlake, CEO and co-founder of Crowdcube commented that:

Leading the investment is Numis, which since 2009 has raised £10bn for businesses through more than 46 IPOs. Numis will help Crowdcube offer this new ‘going public’ solution by enabling large high growth businesses to list shares on the London Stock Exchange. According to CEO Darren Westlake, this new solution is part of Crowdcube’s goal to:

Oliver Hemsley, CEO and founder of Numis said:

Since its launch in 2011, almost £100m has been successfully invested through Crowdcube. With an investor community of nearly 200,000, Crowdcube is a platform used by both established entrepreneurs and startup companies. According to Crowdsurfer, an independent crowdfunding market data researcher, Crowdcube secured more investment in 2015 than the rest of the market combined.