Chris Morris - Entrepreneur of the Year 2016

Chris Morris - Entrepreneur of the Year 2016

In five years Chris Morris has turned an idea for an electric car club into the first crowd-funded investment exit in the UK, expanding E-Car Club to deliver over 50,000 member journeys and a fleet of 100 electric vehicles. The judges praised Morris for his innovative business model, effective execution, and commitment to tackling both environmental challenges and transport poverty.

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Powervault - Close seed funding round of £1.5m

Powervault - Close seed funding round of £1.5m

Last week, Powervault closed their third extremely successfully Crowdcube funding round with the final figure coming in at £1.5m, doubling the £750k target and taking their total funding to £2.5m. Powervaults current success comes as no surprise as they overfunded in their first ever round by 50% and even gained Crowdcube's ‘Fastest Successful Crowdfunding Round’ & ‘Best Start-Up' awards in 2014.

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AutoTrip - Closes Seed Funding Round of £0.5m

AutoTrip - Closes Seed Funding Round of £0.5m

Last month Alex Nicholson leading AutoTrip successfully closed their second equity crowdfunding campaign on Crowdcube, coming in at total of £500,000 from 445 investors, building on their previous round of£150,000. AutoTrip provides the UK’s 6 million business drivers with self-install internet connected devices, saving their organisations up to 35% on their car fleet costs by automating the recording and reporting of their business mileage.

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