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 »
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 »
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