Boatbound, Crowdfunded on OurCrowd, Receives $2.5 Million Investment from Brunswick

BoatBound Boat

Recently successfully crowdfunded on OurCrowd, Peer-to-peer boating marketplace Boatbound has shared they have received $2.5 million in a financing round led by Brunswick Corporation, a manufacturer of boats and engines in the marine industry.  OurCrowd also participated in this funding round for an undisclosed amount. Simultaneously, Boatbound announced a major redesign and update of Boatbound.co… Read More

SVCrowdfund Event Looks Towards Future of Crowdfunding

SVCrowdfund Collage 2014

On the eve of Global Crowdfunding Day, many of the industries leading voices gathered for the 2nd Annual Silicon Valley Crowdfunding Expo and Conference, held at the Sheraton Palo Alto in California on April 3-4. Founded and organized by longtime entrepreneur and publisher of Crowdfundbeat,  Sydney Armani, the event featured panel discussions by leading Silicon… Read More

P2P Questions in China Indicate Need for Regulation

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In a story recently filed by Chinese state press agency Xinhua, questions arose about the growing business of peer-to-peer (P2P) lending. Apparently over 70 P2P crowdfunding platforms collapsed last year, around 60 in the fourth quarter. The dramatic increase in failures has alerted investors, along with regulators, to the enormous potential for default accompanying promised… Read More

IndieVoices Asks: “Who is our Crowd”

IndieVoices New Logo

Independent media crowdfunding platform IndieVoices has been in a reflective mood of late.  Co-founder and CEO Sasa Vucinic has been sharing his thoughts and impressions on the first 100 days of his global crowdfunding platform.  Not too long ago he posted on engagement and the global differences impacting successful campaigns.  Recently he discussed “Who will… Read More

Christian Faes Co-Founder of LendInvest Interviewed

Christian Faes

Christian Faes, CEO and Co-Founder of LendInvest, a P2P lending platform focused on the property lending industry in the United Kingdom, was recently interviewed about FCA regulations on the FT Money Show. Faes’ segment commences about 13 minutes into the podcast.   He comments about the new regulations as being a very positive step for… Read More

Knowledge Peers Releases Report on Alternative Finance

Knowledge Peers

Knowledge Peers, and their Alternative Funding Network, released some internal research on alternative finance and crowdfunding last week.  In a report titled; “Crowdfunding Industry Report: Investor Preference Report“, Knowledge Peers shared some insight into investor perception in the United Kingdom.  The survey was based on 250 individuals who regularly invest in a wide range of… Read More

Growing Pains as Global Crowdfunding Comes of Age

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It’s growing up fast. As crowdfunding hits what I suppose you might call it’s second official birthday on 5th April – Global Crowdfunding Day (#GlobalCFDay) – it may have a dose of the “terrible twos.” It’s certainly disruptive enough. It’s not toddling but racing away. Now it’s “into everything,” despite cynicism in some quarters and some… Read More

Kickstarter Set to Return to PAX East

Kickstarter Games

In 2004, the Penny Arcade people thought it would be pretty cool to do a  show exclusively for gaming. Their event was a “small” 4500 gathering in Bellevue, Washington, that not only focused on gaming but also culture, music and a ton of other awesomeness. Since that date the event has doubled every year until… Read More

BNN Funding Announces Launch of Crowdfunding Platform for Social Good

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BNN Funding has announced the beta launch of their crowdfunding platform for social good. The key feature of the platform is their ability to market crowdfunding campaigns nationally across 350 cities.  They are currently accepting applications for projects now. Patrick Kitano, CEO of BNN Funding commented on the new platform; “The current crowdfunding model is… Read More

Crowdfunding Mailbox: Shark Kage Ramp, Musaic, Cosy & Spudder

Musaic and iPad

Sometimes you watch a pitch video and you see the creation in action and you think, “this really makes sense”.  And then you wonder why someone else has not come up with this idea and realize that necessity truly is the driver of innovation.  Watching the pitch video about the Shark Kage ramp and you… Read More

Loyalty App “Loyalzoo” Hits Crowdfunding Goal in 24 Hours on Seedrs

Loyalzoo app

UK based Loyalzoo, a cloud-based loyalty app for independent shops and eateries has shared their success of their first crowdfunding campaign. The equity crowdfunding campaign on Seedrs hit its £120,000 target in less than 24 hours after going public. Based in Chiswick, West London, Loyalzoo offers a loyalty app to independent merchants as a replacement… Read More

Technoport Schedules Live Crowdfunding Event at Annual Conference

Technoport

The Technoport 2014 conference gathers together entrepreneurs, investors, business leaders, students, researchers and troublemakers. Organizers aim to stimulate technology-led innovation to meet global challenges.  The membership group based in Trondheim, Norway, wants to be a catalyst for future innovation and entrepreneurs. As part of this year’s event there will be a live crowdfunding “experiment”. The four… Read More

Lémonesse Quickly Raises Funds on Kickstarter: A Chic Non-Alc Option Comes to the Table

Organic Lemonesse

Drink responsibly. Drink organically. Do both when drinking Lémonesse, an organic bottled lemon water campaign on kickstarter. With the help of 62 backers, Chicago founder and owner Adam Leja quickly exceeded his $7,500 goal by nearly $1,000 with 13 days remaining on his campaign. Funds will go toward Lémonesse’s national distribution, an upgraded bottling line,… Read More

Brief: 4NRg is Raising Equity on SyndicateRoom

4NRg

4NRg just launched their crowdfunding offer on SyndicateRoom and they are already 52% completed.  The unique business is raising £240,000 for a 30% stake in the company.  4NRg is a portfolio business that invests in patentable renewable energy and disaster relief engineering businesses.  4NRg brings new inventions to these markets. The ‘innovation factory’ patents ideas,… Read More

SEC Investor Advisory Committee Schedules Meeting for April 10

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The Securities and Exchange Commission Investor Advisory Committee has scheduled a meeting for April 10, 2014 to take place from 10AM to 4:30PM EST. The agenda for the meeting includes: remarks from Commissioners; remarks from the Investor Advocate; election of Investor Advisory Committee Chair; a recommendation from the Investor as Purchaser Subcommittee regarding crowdfunding regulations; and nonpublic subcommittee… Read More

Prosper Becomes Latest Billion-Dollar Platform, Underscores Peer Lending Dominance

Prosper

$1 billion in loans 3,000% growth in eight years 118,000 personal loans issued Over 75,000 investors Over 93,000 borrowers 47 states Its been a long road since the first loan in 2006. Since then the $1 billion dollars issued through Prosper went towards helping people fix their debts, pay medical bills, chase their dreams, and… Read More

Recent Data on Crowdfunding, Alternative Finance & New Markets

Alt Finance Crowdfunding Richard Swart

Crowdfunding Research. At the SVCrowdfund conference on April 3, 2014, Richard Swart, PhD., gave a fascinating presentation on the growing ecosystem of crowdfunding and alternative finance. Dr. Swart is a well known authority in the crowdfunding world.  He runs the UC Berkeley’s crowdfunding research initiative and is also a partner at Crowdfund Capital Advisors Group…. Read More

A Rebuttal to the New York Times: Why Give Crowdfunding “Investors” Trinkets When You Could Give Them Returns?

SEC Headquarters in DC

The recent $2 billion acquisition of Oculus by Facebook is an ideal example of why continued delay in the release of final Title III crowdfunding rules is a bad idea. If Title III had already been in place, the contributors to Oculus would be receiving a return on their investment, instead of just thank you… Read More

Documentary On Indiegogo As Some Accuse Kickstarter Of Undue Censorship

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Dr. Kermit Gosnell was convicted in May of 2013 of a host of horrific charges related to late-term abortions and other medical misgivings. Some have called him “the most successful serial killer in the history of the world” while estimating that he may be responsible for over a thousand late-term abortions. It’s enough to make… Read More

Crowdcube Booms in March, Shows 800% Growth Over Year Prior

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Equity crowdfunding platform Crowdcube had a great March.  The company funded 8 businesses totaling £1.6 million in investments.  Crowdcube’s own projections indicate these funded companies will generate 281 new jobs over the coming years. To make things even better it appears the momentum may be increasing because in the last 7 days  over £1 million… Read More