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Cambridge-based crowdfunding site SyndicateRoom has raised £1.2m of investment in just 33 hours, meaning it can grow to offer a wider range of projects to investors.

SyndicateRoom supports projects covering science and currently has a number of active campaigns live at the moment, including Enval’s laminated packaging recycling method, Sandal, a consumer electronics business branching into the Internet of Things market and healthcare products manufactured by CamNutra.

The platform’s funding was raised by supporters of the UK-based company, led by Angel investor Jonathan Milner who contributed more than £250,000 of his own money.

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