Samantha Hurst

New Crowdfunding Platform Fig Closes Investment Portion of “Outer Wilds” Campaign

Just one day after Outer Wilds campaign was launched, new crowdfunding platform Fig has closed the investments portion of the project after the game secured $50,000 from investors (and $500,000 in investment interest). Outer Wilds, which was created by Mobius Digital’s creative director, Alex Beachum, is… Read More

Independent Commercial Vehicle Broker Vanarama Seeks £1.5M During Crowdcube Mini Bond Campaign

Vanarama, a UK-based independent commercial vehicle broker, has launched a mini bond campaign on Crowdcube to raise £1.5 million. This is part of the company’s four-year plan to raise £3.4 million for its new commercial vehicle stock. Sharing details about the campaign, the Vanarama team shared: “The… Read More

Actor Bruce Campbell Hits Kickstarter to Raise $250,000 For Second Second of Trivia Show “Last Fan Standing”

Bruce Campbell fans, listen up! the Evil Dead star has launched a crowdfunding campaign on  Kickstarter to raise $250,000 for the second season of his show Last Fan Standing.  Notably, Last Fan Standing filmed 10 episodes at 2 conventions with 4 episodes shot in New Orleans and 6… Read More

“Let’s Help Fatima End Bonded Labor” Initiative Secures Nearly $2.3M in Less Than a Week on Indiegogo Life

Less than a week after Humans of New York’s Brandon Stanton took to Indiegogo Life with his new project, Let’s Help Fatima End Bonded Labor, the initiative has successfully captured over $2.3 million thanks to 75,000 backers. Sharing details about the campaign, Stanton wrote: “Described as a modern-day… Read More

Mobil App divvi Set to Launch $400,000 Equity Crowdfunding Campaign on Designbook

divvi announced this week that it is planning to launch a $400,000 equity crowdfunding campaign through platform designbook.com. The company created a iOS mobile app that couples word of mouth recommendations with easily actionable sales links delivered in a text or email. Available on the Apple store, the app makes… Read More

Fairway America Announces the Launch of $20,000,000 Westland Apartment Fund on SBREFunds;

Fairway America (“Fairway”), an authority on small balance real estate (“SBRE”) pooled investment funds, announced today the launch of the Westland Apartment Fund LLC (the “Fund”) out of Portland, Oregon to managed by its client Westland Management Group, LLC (“WMG”). Westland Apartment Investors (“Westland”) was… Read More

Brief: Colborne Communications Acquires Crowdfunding Platform Pubslush

On Thursday, Colborne Communications announced that it has acquired Pubslush. This acquisition will go into effect on Monday, August 24th, and crowdfunding platform will continue to take submissions for book funding and pre-order campaigns. Since 1977, Colborne Communications has provided a variety of editing, design… Read More

Lavaboom Encrypted Email Website Files For Bankruptcy Following Indiegogo Failure

Nearly two months after its failed attempt to raise $100,000 on Indiegogo, German encrypted email startup, Lavaboom, announced that it is shutting down and has filed for bankruptcy. According to TechCrunch, CEO and co-founder Felix Müller-Irion admitted that Lavaboom intends to continue running its services until next… Read More

Sharing Economy Customers Select Crowdfunding Success Tipalti to Scale Global Partner Payment Operations

Tipalti, a provider of the global payments management platform, has been selected by fast-growing sharing economy companies Outsource.com, Visually, and Bizzabo to automate their partner payment processes. The companies join a growing list of crowdsourcing, on-demand, and sharing economy companies using Tipalti to manage payments to their global freelancers,… Read More

Grind’s David Abrahamovitch Shares His Thoughts on Crowdfunding Following Crowdcube Success: I Think It’s Amazing & Revolutionary

Following the closing of Grind’s bond campaign on Crowdcube, founder of the espresso and cocktail chain, David Abrahamovitch, sat down with Tech City News to share details about the project. During his interview, Abrahamovitch revealed why he and his team decided to use the crowdfunding… Read More

Marketplace Lending Platform Avant Closes $139M Asset-Backed Securitization Led by Jefferies; Secures $200M Credit Facility Led by J.P. Morgan & Credit Suisse

Marketplace lending platform, Avant, announced on Thursday that two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant’s funding total to $1.1 billion in debt financing, $334 million in equity financing and $400 million raised through the Avant Institutional… Read More

RCS Capital Announces Closing of Preferred Stock Issuance & Introduction of Enhanced Corporate Governance Initiatives

RCS Capital Corporation (“RCS Capital”) (NYSE: RCAP) announced the closing of its previously announced private placement of $37.5 million of newly issued convertible preferred stock. In addition, RCS Capital revealed the addition of Marc Rowan, co-founder of Apollo Global Management, LLC (together with its subsidiaries, “Apollo”) (NYSE:  APO), and Anthony… Read More

Brief: BauBax “World’s Best” Travel Jacket Reaches Over $5.4M; Takes Over “Reading Rainbow” Spot on Kickstarter’s Top 10 Most Funded Campaigns List

BauBax, the self-dubbed world’s best travel jacket, has joined the Top 10 most funded Kickstarter campaigns of all-time by passing Reading Rainbow, which raised just over $5.4M in 2014. Already the most funded clothing item ever, BauBax has two weeks remaining in its campaign to… Read More

Nonprofit Crowdfunding Platform Camellia Network Partners with Youth Villages to Enhance & Expand Network Serving Former Foster Children

Camellia Network, a nonprofit crowdfunding and social support platform to help former foster children, has merged with national nonprofit Youth Villages to enhance and expand the service, Camellia Network founder and best-selling author Vanessa Diffenbaugh announced on Thursday. Diffenbaugh declared: “This is exciting news for all… Read More

UK Marketplace Clippings.com Seeks £500,000 on Crowdcube to Redesign the Design Industry

Clippings.com, a UK-based marketplace for furniture, lighting and homeware, has launched an equity crowdfunding campaign on Crowdcube to raise £500,000 to change the way consumers see the design industry. The company, which was officially launched in 2013 by Despark’s Adel Zakout, has reportedly grown 21% month-on-month… Read More

Nebia Showerhead Surpasses $2M First Week on Kickstarter

Just one week after its Kickstarter debut, the Nebia showerhead successfully raised $2 million. The project was originally seeking only $100,000 but achieved the initial within mere hours of its initiative’s launch. The Nebia Shower is a showerhead that you can install yourself.  The system claims to create a… Read More

Smithsonian Institute’s Neil Armstrong Spacesuit Project Finishes Kickstarter Run

Well, it’s official: The Smithsonian’s first crowdfunding campaign has officially ended… and it was a success! The organization announced last month that it has teamed up with Kickstarter to help fund a few projects. The first initiative was dedicated to Neil Armstrong’s famous spacesuit. The Smithsonian… Read More

Rare Genomics Institute to Announce Winners for Crowdsourced Rare Disease Challenge

The Rare Genomics (RG) Institute announced on Wednesday the winners of the 2015 BeHEARD (Helping Empower and Accelerate Research Discoveries) science challenge, a global competition that offers rare disease researchers, who traditionally have difficulty attracting funding, grants of the latest life science innovations and technologies…. Read More

Indiegogo Offers Up Tips on How to Get the Press to Cover Crowdfunding Campaigns

  Seeking to help organizers draw more attention to their projects, Indiegogo has revealed tips on how to get the press to cover campaigns. The crowdfunding platform stated: “We want every campaign on Indiegogo to be successful. Our team is constantly researching the best ways… Read More

Canada’s P2P Lender Grouplend Announces $10.2M Financing Round Led By PlentyofFish’s Markus Frind & Peer 1 Hosting’s Lance Tracey

Grouplend, Canada’s peer-to-peer (P2P) lending platform, announced on Wednesday that it has closed an additional round of financing, having raised $10.2 million since launching ten months ago. The round is being led by Markus Frind, CEO of PlentyofFish, and Lance Tracey, founder of Peer 1… Read More

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