Seedrs, part of Republic, says it enabled £13 million in the month of May. This is a significant increase compared to the month of April, when £6.5 million was funded.
Seedrs separates its activity between primary offerings and secondary transactions as it marketplace for private securities continues to grow.
Regarding primary offerings, Seedrs reports that in April £ 3.7million was raised for businesses from 970 investors via public campaigns. In May, Seedrs says that £5.6 million was raised for businesses from 1,400 investors via public campaigns.
Secondary trading, which should continue to grow organically as more firms opt to provide liquidity on the Seedrs Marketplace, enabled over 300 businesses to transact more than £500K worth of shares in April and in May. Digital bank Revolut is the top trading private securities.
Seedrs did not provide a breakdown of private deal room offerings, but it is easy enough to extrapolate.
Private deals tend to seek a higher ticket for investors. This is also an area of growth for US platforms as they seek to scale their investment crowdfunding platforms.
The largest funding rounds in the past two months, were the following:
- April – Dutch men’s underwear brand A-dam closed an €847,000 fundraise. The funds raised will further its goal to 100% rely on reusing waste and become the world’s first circular underwear brand.
- May—UK-based Arksen raised over £2 million for this pioneering engineering company that is building iconic adventure products and experiences.
