SeedBlink, a European securities crowdfunding platform based in Bucharest, says that since its launch in 2020 it has raised €37.8 million for 56 start-ups.
A hybrid platform, the total raised is divided into retail investors providing approximately €15 million and lead investors €23 million.
SeedBlink specializes in European tech start-ups from the pre-seed stage to Series B. To date, it reports having attracted 9,000 investors from 50 countries.
SeedBlink adds that more than 1,500 start-ups have been assessed, and 60 of these, from seven countries, have launched rounds of funding on SeedBlink.
Notable offerings include FlowX with €1.6 million (round of €7.3 million), Dronamics with €950,000 (round of €3 million), and self-listing SeedBlink with €1.1 million (round of €3 million).
The platform has already facilitated five follow on rounds where investors have been able to exercise their pre-emptive rights with funded start-ups.
SeedBlink states that the first liquidity event triggered by one of these follow-on rounds will provide a return of more than 4x.
“For us, these two years have been filled with achievements. Despite the pandemic, the European technology start-ups have shown great resilience and innovated to survive and thrive. I’d like to thank our team, shareholders, entrepreneurs, and platform investors, from whom we draw our desire to serve,” said Andrei Dudoiu, Managing Partner and Co-Founder of SeedBlink.
SeedBlink states that during 2022 it intends to receive authorization under EU crowdfunding regulation and launch a secondary market for investors.
“Our European development will be guided by the EU regulations on crowdfunding,” said Dudoiu. “We aim to be one of the first platforms to be authorized by this regulation. We already have the support of the FSA, and we want to have a local law as soon as possible to stand out positively at the EU level.”