FundedByMe has topped its minimum funding goal, according to co-founder and CEO Daniel Daboczy. In an email, Daboczy stated their crowdfunding for equity hit 102% in 2 weeks. 231 investors will join this round. “We have decided to allow for overfunding and let the round run its full-term for another 25 days,” stated Daboczy. FundedByme was recently approved to list its shares as a Swedish Limited Public Company.
According to the updated campaign page, FundedByme reached 100% in 1/3 of the scheduled time for the funding round. FundedByMe states it is the leader in the growing Nordic crowdfunding market and the “market is maturing fast.” FundedByMe also operates a subsidiary in Asia.
The current round has been subscribed by 233 investors. The minium participation level is 200 shares for a total of €1,051. The shares are Series B and priced at €5,28 each.
FundedByMe has noted JOBS Act and the legalization of investment crowdfunding in the United States but says it will focus on Northern Europe and Southeast Asia for now.
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