Xeelion Crowdfunding for Students, Preps for Launch

Xeelion logoA new crowdfunding platform is preparing to launch and they have ambitious plans.  Xeelion is a crowdfunding site only for US students.  Apparently you will need an @university.edu to even start a campaign.  While there are great entrepreneurial communities within the universities, young entrepreneurs typically lack connections to people with capital – basically because most of their friends are students too. Their mission is to support young entrepreneurs during the vital phase of fundraising.  

Xeelion offerings

Xeelion describes their site as:

  • A sustainable platform: Xeelion allows only projects that meet requirements of sustainability. Investors will be glad to invest in profitable startups and contribute building a cleaner world.
  • A scientific platform: Xeelion is a crowdfunding platform for high growth companies that exist in scientific fields like renewable energy, life science, cleantech, information technology, healthcare, medical devices.

Team XeelionXeelion indicates they have already signed up some startups to leverage their platform to launch crowdfunding campaigns soon.  Not Alone, a company founded by Harvard students, is on the list.  This company is developing a GPS smart bracelet that tracks location.  Vision Industries is another queueing up to launch on the site.  This startup is an e-commerce platform for independent brands.

Xeelion states they are planning to open offices in New York City and San Francisco by July.

Fabio Bancalà 2Founded by five young entrepreneurs the company is led by CEO Fabio Bancalà.  He is an Italian registered broker / dealer with 11 years experience in the financial industry.  He has extensive startup experience with Xeelion being his third startup.

The other founders include Jun Gong as COO,  Dario Lo Giudice as CTO, Federico Fallico as Security Manager and  Elisa Bancalà as Chief Scientific Officer.

Xeelion is right in understanding that most students do not have easy access to capital and their mission to support young entrepreneurs during the vital phase of fundraising is an admirable goal.

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