Last week I gave a run-down of a few Crowdcube campaigns struggling to hit their targets, one of which was Sugru… They didn’t get their last minute spurt, so CrowdCube have generously let them extend their campaign so they can grind out the full 100%. Yesterday they were up to 96%, today they’re very close at 99%. With no active discussions for over a week, the reason for extension seems perfectly reasonable.
It’d be interesting to know the mix between new and existing investors increasing their pledges since they were granted their extension. It’ll also be interesting to see if they get their ‘fully-funded’ boost as seems to happen with most other companies who hit 100%.