Indiegogo Success Bare Conductive Receives $100,000 in Arrow Flash Funding

Bare Conductive, the creator of Indiegogo-funded the Electric Paint Lamp Kit, was named the final recipient in 2017 for Arrow’s flash funding as part of the Arrow Certification Program. The Kit’s paint successfully secured $103,944 during its funding round, which closed on Christmas Day. While sharing details about the creation of the Kit, Indiegogo stated:

“Six years ago, the Bare Conductive team developed Electric Paint, the company’s core product, in an effort to redefine the relationship between everyday electrical devices and the environment they exist in. Electric Paint is just like any other water-based paint, except it conducts electricity, which means you can paint insulated wires, integrated switches, and intricate circuit designs onto almost any surface. Electric Paint has gained a cult following among hobbyists, who are drawn to the paint’s unique ability to function as a power conduit, adhesive and electrical sensor, all in one material.”

Also commented on Indiegogo’s help in the Kit’s progress, CEO of Bare Conductive, Matt Johnson, shared:

“Indiegogo’s technical community as a primary reason to launch a campaign on the platform. “The people who propel our products forward the fastest are our technical customers. And as someone who’s backed a lot of campaigns, I’ve found that Indiegogo has very consciously grown a very technical community of the last few years.Indiegogo is a just such a great platform to find those rare technical backers.” 

In regards to what Bare Conductive will use the funds for, Johnson added:

“Now we can actually do the things we want to do in terms of cash flow, and we have a collaborator on board who can help us achieve those things as well. It’s going to change a lot for us.”

 


Have a crowdfunding offering you'd like to share? Submit an offering for consideration using our Submit a Tip form and we may share it on our site!


Register Now to Watch Online
Sponsored Links by DQ Promote

 

 

Send this to a friend