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 »
Investors have demonstrated a healthy appetite for Sydney social enterprise Good & Fugly, which has raised $528,628 from 652 backers in a crowdfunding campaign. The business was seeking up to $1.5 million at $1.59 a share at a pre-raise valuation of $13.52 million. Good & Fugly offers standalone and subscription boxes of “ugly” fruit and… 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 »
Four years ago, Zoe Condliffe was living in a van when she launched her startup She’s A Crowd as a solo founder. Now, Zoe runs a team of 12 ‘data activists’ who are making a powerful impact on the lives of women and gender-diverse people across Australia. Almost 90 per cent of women who experience sexual… 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 »
Biotech startup EnGeneIC, has raised $5 million on the VentureCrowd platform in a pre-IPO round, ahead of plans for a NASDAQ listing in Q2 2022. News of positive results for Covid-19 nanocellular vaccine pre-clinical animal studies, saw that figure jump five-fold. The startup has develop proprietary nanocell technology, which they’ve called EDV, which is predominantly… Read more »
No-code app development startup Cogniss has banked $1.1 million from crowdfunding. The campaign raised $1,121,893 from 302 individual investors. Founder and CEO Leon Young has bootstrapped Cogniss for the past five years and says the funds will be used to growth the business both here and internationally. He also has eyes on a private investment… 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 »
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 »
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