WorldLabs, a UK-based digital platform that connects innovators around the world, is now seeking 400,000 through its equity crowdfunding campaign on Seedrs. Launched in mid-2018, WorldLabs revealed that thousands of innovators have already joined its platform to apply for funding contests along with connecting with other like-minded innovators.
“WorldLabs provides a unified ecosystem where innovators can connect to thousands of ventures, raise visibility for their initiative, and easily discover and apply for funding and collaboration opportunities matched to them. At the same time, organisations can engage and manage their members, streamline contest management and tap into a global community of innovators. All in one place.”
WorldLabs offers multiple B2B and B2C revenue streams are targeted at organizations (public and private institutions, such as universities, incubators, and accelerators) and users (entrepreneurs and innovators at our B2B organizations and beyond). Funds from the Seedrs round will be used to help accelerate its growth to make WorldLabs the go-to platform for innovators and organizations serving innovators worldwide. The breakdown is the following:
- Team: WorldLabs will hire key management roles to support increased acquisitions and to help fuel sales to expand into more universities and institutions worldwide.
- Product Development: WorldLabs will build a mobile app and new sophisticated features that will help streamline the innovation process and include machine learning.
- Marketing and Brand Identity: WorldLabs will support our growth by boosting targeted marketing campaigns, and by engaging influencers to empower more innovators.
WorldLabs went on to add:
“Our commitment to all of our investors is to produce regular updates, manage our cash flow conscientiously, stay lean, always be transparent, and continue to make a positive impact on the world by breaking down barriers to societal and technological advancement.”
Since its launch, the campaign has successfully raised more than £200,000 from over 50 investors. It is set to close later this winter.
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