By Daniel Hunter

Investment crowdfunding platform Crowdcube has record a record year after a stellar first quarter.

Crowdcube, which last month saw its Spanish business hit a major milestone as start-ups raised €1 million, said 36 businesses raise £17.5 million and £24 million invested through the site.

Among the major deals secured in the first three months of the year were JustPark, which raised a record-breaking £3.7 million and Pocket and Taylor Street Baristas, the latest businesses to raise finance through a Crowdcube Mini-Bond.

According to estimates used by the UK’s financial regulator, FCA, equity crowdfunding was worth around £84 million in 2014, compared to £28 million in 2013.

“We’ve had a very busy and very successful first quarter, with over 15,000 individual investments made from our investors,” according to Luke Lang, co-founder of Crowdcube.

“As well as a record amount invested through the site, we’ve attracted more than 31,000 new investors to our investor community, which now stands at over 158,000 people, and raised £17.5 million for British businesses. We're extremely optimistic that 2015 will be our best year yet, as we see crowdfunding become an increasingly popular options for investors and businesses alike.”