Investment crowdfunding in Australia grew by 82% in the first 6 months of the year, according to the leading platform Birchal.
Birchal shares that this growth was fueled largely due to its operations as it garnered 73% of all online securities offering. Crowd-sourced funding (or CSF – as it is called in Australia), saw 98 successful securities offerings raising $86 million incorporating 43,000 individual investments.
Birchal reports that Australian securities crowdfunding industry continues to grow with over $185 million raised across over 240 successful offers since the updated regulatory regime commenced 2018.
“Birchal, and the CSF industry have emerged from the COVID-19 Pandemic as a strong partner to forward-thinking businesses, with the support of thousands of forward-thinking investors, facilitating capital at times when others could not. In the midst of complex macroeconomic conditions and more volatility, Birchal remains committed to doing what it does best, connecting believers, and unlocking the value of passionate communities.”
Platform Performance during the first half of 2022 as follows:
|
Platform |
Securities Offerings |
Total raised |
|
Birchal |
68 |
$62.4m |
|
Equitise |
13 |
$11m |
|
OnMarket |
12 |
$8m |
|
Others |
5 |
$4.6m |
|
Totals |
98 |
$86m |
The most popular industries leveraging online capital formation in 2022 include Food & Beverage with 33 successful securities offers raising a total of $29.5 million (34% of all funds raised during the year). Beverage-related businesses accounted for over half of the funds raised in this industry category with 12 campaigns raising a total of $15 million.
Sustainability was the next most invested industry, with 9 successful securities offerings raising a total of $13.2 million.
The top ten securities offerings for 2022 include:
Top 10 CSF offers (funds raised) in FY22
|
Platform |
Securities offerings |
Total raised |
|
Birchal |
68 |
$62.4m |
|
Equitise |
13 |
$11m |
|
OnMarket |
12 |
$8m |
|
Others |
5 |
$4.6m |
|
Totals |
98 |
$86m |
To date there have been over 110,000 investors that have participated in online securities offerings offerings.