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March 19, 2012 10:59 pm GMT

Seedrs Wins London Web Summit, As Europeans Rock Their Ecosystem

87025v5-max-250x250London Web Summit crowned Seedrs the winner of its startup competition against a crowded field of 19 other competitors today. Managing to gain Financial Services Authority approval for its crowd funding model (in the UK) was deemed an incredibly hard thing to do by the judges, who said they had high hopes its model could kick start a revolution in startup funding. Runner-up position went to BusyFlow, a dashboard for multiple web services. You can check out a run-down of all the other startups here. Deezer also broke the news on stage that it's launching an offline browser, and Jolicloud launched it's new Jolicloud Me service.

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