Crowd-sourced funding (CSF) platform Birchal is increasing its clip of the ticket on raises under $500,000, and shedding roles for the second time in 14 months as CEO Kirstin Hunter looks to put the business on a more financially sustainable path. Two leadership roles have been made redundant, cutting the team to four. SmartCompany reported… Read more »
Crowd-sourced funding (CSF) fintech Birchal is hoping to raise $3 million in a second campaign on its own platform. The capital raising platform, which has been popular with brewers, medicinal cannabis ventures and impact cleaning products startup Zero Co launched in 2018 when crowd-funding was legalised, has facilitated more than 100 capital raises worth $190… Read more »
Geographic remoteness is part of our identity as Australians. Stories of founders relocating to a larger startup ecosystem are common, particularly for founders outside of Sydney and Melbourne. Most notably, Sydney-based Canva, one of Australia’s most successful startups, was originally founded in Perth. But five years into the development of Australia’s crowd-sourced funding (CSF) regime, … Read more »
The Australian arm of New Zealand equity crowdfunding startup PledgeMe is back with a new name, Microwd, new owners and a new focus to back female-led startups. While the Kiwi side of the decade-old CSF venture continues, the seperate Australian business has been acquired by investment software company Finley Capital Partners, which has appointed Megan… 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 »
An educational app that helps screen-addicted kids study has raised nearly $2 million in a crowdfunding campaign through OnMarket. 1Question launched in April via the App Store and Google Play and already has over 13,000 downloads. Ann Elnekave developed 1Question with her husband, Issac. The phone app is designed for children up to age 12… Read more »
The Federal Government has today revealed a new legislative package that will allow private companies to access equity crowdfunding.
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