Four women and mothers who banded together to help the parents of children with disabilities have raised $1 million from crowdfunding for their social network app. The Birchal campaign closed this week with $1.037 million from 604 investors. Kindship will use the funds to help parents navigate the NDIS. They plan to launch Kindship Wallet,… Read more »
It’s no secret the rental market is a mess, but Brisbane startup Rent Rabbit is already fixing things up. And with their EOI campaign, you can get in on the ground floor and clean up too. This proptech startup founded by brothers James and Ben Pretty has been called “a kind of TripAdvisor for renters”,… Read more »
Equity crowd-sourced funding (CSF) increased by 82% in the 2022 financial year to $86 million, backing nearly 100 companies, according to new figures by CSF market leader Birchal. All up, more than 43,000 investments were made in 98 successful CSF offers to reach that figure, Birchal cofounder and MD Matt Vitale said. His company, which… Read more »
Aspiring green hydrogen producer LINE Hydrogen has raised $1.38 million from crowdfunding as it looks to play its part in Australia’s renewable energy mix. The Tasmanian startup, alongside the Bell Bay Solar Farm, is hoping to become one of Australia’s first 100% renewable commercial-scale hydrogen producers and distributors, with production beginning in early 2023. LINE’s… Read more »
Market leading crowd-sourced funding (CSF) platform Birchal has raised $3 million for itself in the second fastest raise in local CSF history. It took just 63 minutes for the campaign to reach its maximum $3 million target after opening to investment following its expressions of interest phase. That’s the second fastest CSF campaign to reach… Read more »
The platform behind 75% of Australia’s equity crowd-sourced funding (CSF) activity, Birchal, is running an equity crowdfunding campaign on its own platform, a first for any CSF platform in Australia, so retail investors can buy shares in the company. Birchal also revealed one of its main backers is Dom Pym, cofounder of next-gen digital bank,… Read more »
Investors poured more than $71 million into 89 companies via crowd-sourced funding (CSF) in 2021, new analysis of the sector reveals. Nearly a third of that figure ($21m, 30%) flowed in the final quarter of the year thanks to a series of record raises. In 2021, the number of CSF offers completed rose by 82%… Read more »
Medical cannabis venture Montu has raised $3.5 million in a crowdfunding campaign lasting less than two days. The Montu campaign went live on the Birchal platform last Tuesday and took just 13 minutes to raise $1 million. The volume of investors piling in once again caused delays on the platform, just a month after Zero… Read more »
Medical cannabis tech platform Montu has launched its second capital raise via the Birchal crowdfunding platform. With less than a week to go in the expression of interest phase of the campaign, the Australian company plans to use the funds to consolidate its market leading position as a medical cannabis prescriber, add to its technological… Read more »
Byron Bay eco-startup, Zero Co, rewrote the history of Australian crowd-sourced funding (CSF) on Tuesday after raising $5 million in just 6 hours and 27 minutes. It’s the largest CSF campaign in Australian history – $5 million is the maximum under law – and beats the previous record by $2 million. It also broke several… Read more »
Mum and dad investors eager to invest in plastics waste reduction startup Zero Co have flooded the website of crowd-sourced funding (CSF) platform Birchal ahead of the company’s $5 million raise. More than 2500 people pre-registered for the Birchal campaign during the expressions of interest phase. With the offer due to open to investors at… Read more »
More than $1.5 billion poured into startups from VCs and investors last month in the biggest month of capital raising Australia has seen, but that wasn’t the only record broken, with equity crowd- sourced funding (CSF) also booming. New figures from CSF market leader Birchal reveal the September quarter was the industry’s biggest yet, up… Read more »
A Western Australian startup dubbed “the Tesla of e-bikes” has raised more than $550,000 in the first 24 hours of its crowd-sourced funding (CSF) campaign Perth-based Tiller Rides has smashed the average investment size on the CSF platform Birchal, at $7,639 per investor, around $6000 more than most raises. It also marks the 100th successful… Read more »
Australian social media startup LITT, which touts itself as a ‘Facebook alternative’, broke Australian equity crowdfunding records when its campaign opened on Tuesday, raising $500,000 in just 40 minutes. The Western Australian venture then went on to have the second fastest to CSF raise to $1 million, taking 11 hours. That record was set just… Read more »
Thrive, a Melbourne-based fintech using artificial intelligence to automate banking, accounting, tax and lending for small-to-medium enterprises (SMEs), has closed its crowdfunding campaign after just 3 days, having raised a record $3 million. Thrive’s campaign launched on Birchal on broke multiple records when it went live last week, hitting $1 million towards the $3m target… Read more »
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