Following its rebranding from Seedrs to Republic Europe, the online investment platform is reporting that it generated more than over £24.5 million in activity in June.
The above number incorporates primary offerings, secondary trading, funds as well as private deal rooms which typically involve more sophisticated investors.
Republic touts the fact it is “one of the most active primary and secondary trading platforms in the world.”
When breaking down the activity on Republic Europe during June 2024, the platform saw:
- Primary public offerings raised £19.4million from over 6,000 investors.
- On the Republic Europe Secondary Marketplace, £445,000 of shares were traded in 300+ private firms.
- The largest funding rounds in June were for MishiPay which raised over £3.5million in investment and Google Maps for Sailors – Savvy Navvy raised £1.2 million in a campaign that was over 240% overfunded.
- Under the Doormat, a Proptech provider of luxury short-term and vacation rentals, raised £1 million to fuel growth across Europe and North America
Republic Europe is approved under ECSPR and therefor can raise up to €5 million for issuers in the EU. Expect a growing number of securities offerings to incorporate the US, UK and the EU.
