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British startups raised £229 million through crowdfunding this year, according to comparison website Off3r, around £12 million more than in 2016.
Seedrs is one of the UK's two biggest crowdfunding platforms.
Peer-to-peer lending and crowdfunding grew by 43% last year in Britain.
CEO Jeff Kelisky said the performance was down to investment for growth and said 2016 "actually exceeded our expectations."
Jeff Kelisky, who joined Seedrs as COO in January, is being promoted to run the business. Founder Jeff Lynn is becoming executive chairman.