What is SPACEHIVE?
SPACEHIVE operates as the premier dedicated community crowdfunding platform across the UK and Ireland, serving as a digital nexus for local project development. The platform provides a comprehensive suite of tools, including free project setup and professional guidance, to empower individuals and community groups to revitalize their neighborhoods. By enabling access to both public and private partner funding, SPACEHIVE effectively lowers the barrier to entry for essential community improvements, ranging from playground renovations to the establishment of sustainable community hubs. Its market position is defined by its dual focus on technological accessibility and social utility, creating a scalable framework for civic improvement that traditional funding models often overlook.
How much funding has SPACEHIVE raised?
SPACEHIVE has raised a total of $2.1M across 1 funding round:
Unspecified
$2.1M
Unspecified (2014): $2.1M with participation from Big Society Capital and SI2 Fund
Key Investors in SPACEHIVE
Big Society Capital
Better Society Capital is the UK's leading social impact investor, dedicated to increasing investments aimed at addressing social issues and inequalities through impact venture and social lending.
SI2 Fund
A specialized investment vehicle focused on supporting enterprises that demonstrate significant potential for social and environmental impact alongside financial returns.
What's next for SPACEHIVE?
Looking ahead, SPACEHIVE is positioned to leverage its recent capital injection to expand its reach and deepen its impact within the social infrastructure market. The strategic focus will likely center on enhancing the platform's algorithmic matching capabilities, which connect local projects with relevant partner funding sources. As the firm matures, it is expected to explore new partnerships with municipal bodies and private sector entities to further diversify its funding ecosystem. By maintaining its commitment to transparency and community empowerment, SPACEHIVE is well-equipped to navigate the evolving landscape of social impact investment, ensuring that local initiatives receive the necessary financial support to achieve long-term sustainability and growth.
See full SPACEHIVE company page
