FundedByMe and Privanet Close First Round in JV Collaboration

FundedByMe and Privanet Securities Oy have jointly closed a €1.2 million crowdfunding round. This is the first round as part of their Joint Venture collaboration in Finland.

The Finnish media-platform builder BCaster collected €1.2 million in funding in “record time”. Via Privanet’s and FundedByMe’s crowdfunding platform the funding was completed in several days and with the majority of the funding completed in under 24 hours. This crowdfunding round was exclusive for registered investors from Finland and abroad.

FundedByMe shares that the campaign attracted over 100 new investors  of which over 60 joined through the FundedByMe platform. The remainder are from the existing investor base of Privanet. The largest single investment was over €100,000  and the smallest being € 1000.

BCaster is company that wants to makes privately produced video content professionally usable and manageable.  BCaster provide services for the usage and monetization of privately produced media. Their Blockchain tracks who filmed what, when and where and manages the copyrights.

Since the announcement of the collaboration between FundedByMe and Privanet on the 25th of August, that the two platforms are joining forces, the platforms have been working on the integration and now have successfully crowdfunded the first campaign.

FundedByMe is a full-service crowdfunding platforms offering capital through equity crowdfunding having funded 470 companies from 25 different countries.


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