Financial advice startup Lumiant, has extended its $1.17 million seed capital raise through equity crowdfunding site Equitise and is now looking to raise a further $2 million. The fintech it’s seeking the additional capital amid high demand for its services to investing in its ability to scale and increase distribution across Australia. Lumiant is a… Read more »
Melbourne-based ESN Cleer says it’s now just months away from delivering a major medical breakthrough – the world’s first early risk detection screening test for heart disease – after raising $650,000 via crowd-funding site VentureCrowd. The raise was topped up by another $50,000 direct investment. The medtech startup has developed a simple saliva test that… Read more »
Batch Brewing Co, from Sydney’s Inner West, has raised $1.5 million in an equity crowdfunding raise through Equitise just a day after the campaign went public. With a day of the two-thirds of the funds already pledged on the day the campaign opened, it closed fully subscribed just after lunch on Good Friday. The raise… 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 »
Digital bank Xinja is looking for another $50 million from investors in a Series D raise from crowdfunding. The bank has already secured the first tranche of $20 million and the fortnight-long raise through Equitise is offering 12.254 million shares – taking the total to nearly 70 million – at $4.08 a share to… Read more »
When former Shark Tank investor Andrew Banks went hunting for cash for Plastiq.it, the cashback retail rewards startup he founded just over a year ago, the serial entrepreneur took a novel approach, turning to equity crowdfunding seeking $400,000. The idea has paid off in spades, with the offer closing after hitting its target 25… Read more »
A former Goldman Sachs banker is hoping to could change the lives of two billion of the world’s poorest people, subsistence farmers and fishers, with an app. Brisbane entrepreneur David Davies created the app as part of his philanthropic impact startup, AgUnity. He calls it a “last mile” solution for poverty-stricken communities, involving an affordable… Read more »
Women-only ridesharing app Shebah set a record for Australian crowdfunding when it raised $3 million earlier this year. Equity crowdfunding platform Birchal has announced plans to host a secondary market to trade unlisted crowdsource-funded (CSF) shares from next year. Birchal has pioneered equity crowdfunding in Australia, having raised more than $16 million in 26 successful… Read more »
Geoff Moore, Tony Nikolakopoulos and Jay Grant from Reel House Productions. Movies sell a certain magic – a champagne for the eyes, yet for the most part the industry is more 4-litre cask wine. An Australian film production company Reel House Productions believes there’s still a fortune to be made making films as streaming services invest… Read more »
Founder and CEO Tom Maclean with SOFI Spritz backer Steve Baxter SOFI Spritz, the ready-to-drink (RTD) cocktails venture that began at Bondi Farmer’s Market in 2013, is seeking $1 million in equity crowdfunding as it looks to target international markets. The venture has already held three rewards-based crowdfunding campaigns via Pozible and is now turning… Read more »
Rhinohide the 4×4 body armour startup from Perth that scored backing from two Shark Tank sharks in 2016, is on the hunt for cash again, this time to fund its launch into the US market. Founder Marc Berryman has already reached his minimum target of $100,000 with just over three weeks to run on the… Read more »
Tim Dean, Credi’s founder Credi, the Perth-based loan management platform that formalises loans between friends and family, aka the ‘Bank of Mum and Dad’, is looking for $1 million to expand internationally and ramp up its marketing after processing more than $100 million of transactions in the past two years. Tim Dean, Credi’s founder, saying… Read more »
Booktopia CEO and co-founder Tony Nash Online bookseller Booktopia wanted to raise $10 million from an equity crowdfund Despite having nearly 2 million customers, just 850 people invested, raising less than 9% of the target The Sydney-based retailer is now talking to private investors Leading Australian book retailer Booktopia has walked away from its… Read more »
When your family’s been on the land for 60 years, it’s doesn’t sound like startup territory, but farmers now all about disruption and the need to pivot a business. Dairy farming has changed dramatically in the past two decades since the biggest disruption of all, deregulation, arrived in 2000. Since then, Queensland has lost over… Read more »
Perth-based Demand.film is hoping its 110,000-strong customer base will put their money where their eyeballs are, launching a seven-figure equity raise via crowdfunding. The on-demand cinema startup, which has a catalogue of hundreds of films, predominantly documentaries alongside Australian classics such as Mad Max and Crocodile Dundee, offers crowdsourced, single event-screenings in… Read more »
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