Funding the wonderful
Funding the Wonderful is a series that showcases startups raising on the Crowdcube platform — spotlighting the trends, milestones, and companies shaping the future of equity crowdfunding. From tracking the UK’s unicorn landscape and record-breaking raises to profiling the rise of digital banking and the boom in robotics and AI, the series blends data-driven insight with inspiring founder stories.
Beauhurst, the provider of data on growing British companies, has released a report mapping out the UK’s ‘herd’ of unicorns. Coined in 2013 by Aileen Lee, Founder of Cowboy Ventures, the term ‘unicorn’ refers to a young, private company whose valuation has reached £1bn or more.
Global compound growth rates of robotics, automation and AI companies are expected to grow by more than 40% per year, with revenue generated by these companies reaching $237bn by 2022 according to some estimates and $498bn by 2025 according to others.
Few industries have felt the impact of technological disruption more than the banking sector. Over the last few years several new kids on the block have emerged to take their seat at the top table and muscle in on the activities of the high street giants by specialising in areas that are being underserved.
As part of this weekly series ‘Funding the Wonderful’ in partnership with Crowdcube, every month we will showcase a handpicked selection of five startups which are raising on the Crowdcube platform.
For many startups, the process of fund raising can be quite daunting. What method of raising do you use? How long is it going to take? To say nothing of the fact that it’s the time when founders and entrepreneurs have to stick their necks out and ask other people to invest and commit to their vision.
Crowdcube was inspired by an unshakable belief in entrepreneurs challenging the status quo with big ideas and new thinking, the ones with a vision and who dream big, push at the edges and want to make a difference, big and small.
