General News

August 4, 2015 @ 12:58 pm By Erin Hobey  |  

KPMG has linked with peer-to-peer business lender MarketInvoice, a partnership that will enable customers of KPMG’s Small Business Accounting Service to access MarketInvoice finance directly through their accounting software and will also include a business education program incorporating regional events, webinars, e-books and online ‘accountancy clinics’… Read More

August 4, 2015 @ 12:29 pm By Erin Hobey  |  

“China’s central bank has moved to defend draft rules that would force online payment processors to channel large payments through traditional bank accounts, a requirement that industry observers say will stifle innovation while protecting the interests of incumbent banks,” reported FT’s Gabriel Wildau. “The People’s Bank of China… Read More

August 4, 2015 @ 11:02 am By Erin Hobey  |  

AssetAvenue, an online lender for real estate investment properties, announced that Peter Coleman has joined the company as Chief Financial Officer. Coleman brings more than 20 years of financial management and investment banking experience focused on technology companies. At AssetAvenue, Coleman will be responsible for leading the… Read More

August 4, 2015 @ 10:34 am By Samantha Hurst  |  

The winners of the inaugural Crowd2Shelf Contest debut on Staples’ new entrepreneurial store. Created by Fundable and sponsored by Staples, the Crowd2Shelf Contest drew thousands of startups across the country competing for a chance to crowdfund their way to Staples. Contestants demonstrated demand for their innovative… Read More

August 4, 2015 @ 9:57 am By Samantha Hurst  |  

APE Mobile, an established Australian software company that has developed an innovative paperless site app for the Construction, Mining and Oil & Gas industries to enable greater efficiency in managing on-site documents on iPads and web devices, is pleased to announce the raising of $2 million in… Read More

August 3, 2015 @ 2:37 pm By Samantha Hurst  |  

A little over a year ago, Harmonix, the studio behind the forever addicting video game Guitar Hero, launched a Kickstarter campaign to raise funds for Amplitude. The video game is known as a “rhythm-action music game” for PlayStation 3 and PlayStation that is based on… Read More

August 3, 2015 @ 1:13 pm By Samantha Hurst  |  

With the previous announcement of Exploding Kittens being shipped to its backers, co-creator Elan Lee reveals a bit of an insight of the famous Kickstarter project. While sharing details about the funding process, Lee admitted to CNN: “The biggest lesson for me is that Kickstarter is a… Read More

August 3, 2015 @ 11:44 am By Samantha Hurst  |  

Last week, Sydney brand Poor Toms Gin made its appearance on the new series The Cult of New.  The new craft gin distillery has opened in Sydney earlier this year and its first batch was snapped up on Australia’s crowdfunding platform, Pozible.  The young business raised $25,000 in one day. It… Read More

August 3, 2015 @ 10:46 am By Samantha Hurst  |  

Data and Mobile Telematics company, Driveway Software, Inc., has closed a $10 million funding round led by Ervington Investments, representing prominent Russian businessman Roman Abramovich.  The funds will be used to further strengthen Driveway’s position as the best in class telematics solution, create new markets for telematics solutions and grow… Read More

August 3, 2015 @ 9:18 am By Samantha Hurst  |  

AgFunder, an investment platform for accredited investors investing in agriculture and agriculture technology, announced the release of its 2015 Midyear AgTech Investing Report, tracking a record $2.06B in AgTech investment for the first half of 2015. This figure is only $300M shy of the $2.36B… Read More

July 31, 2015 @ 5:46 pm By JD Alois  |  

Do you have an amazing FinTech startup concept? Are you looking for co-founders and mentors? Then this event is perfect for you. A week from today over 70 potential co-founders and dozens of mentors (with money) are gathering in New York City with the sole… Read More

July 31, 2015 @ 3:27 pm By Samantha Hurst  |  

Earlier this week, leon-nanodrugs GmbH announced that it completed the first closing of its Series A preferred stock offering at EUR 18.5 million. The financing was led by TVM Capital Life Science with participation from Signet Healthcare Partners (USA), LifeCare Partners (Switzerland), CD-Venture (Germany), and Albany Private Equity… Read More

July 31, 2015 @ 2:39 pm By Samantha Hurst  |  

Nearly two weeks after the close of the Crystal Maze Indiegogo campaign, the game’s former host Richard O’Brien announced he will officially be returning to the set of the popular UK show. The Crystal Maze campaign kicked off on the platform this past June and… Read More

July 31, 2015 @ 12:47 pm By Samantha Hurst  |  

Fueled by $6.5M USD in Series A financing in April, TradeGecko, a cloud-based inventory and multichannel management platform for apparel and accessories, is leveraging its resources to become one of the fastest growing startups in Singapore. Since this spring, TradeGecko has increased its headcount by 25% and added… Read More

July 31, 2015 @ 12:00 pm By Samantha Hurst  |  

Just four months after Colorado announced its equity crowdfunding law, the Centennial State’s government officials announced that its residents will be able to participate in equity funding projects starting this upcoming Wednesday. Governor John Hickenlooper signed the Colorado Crowdfunding Act into law back in April, which will allow the state’s… Read More

July 31, 2015 @ 11:04 am By Samantha Hurst  |  

SlamData Inc., commercial developer of the SlamData open source project, today announced the company has raised a significant seed funding round led by True Ventures. The financing will be used to enhance the visual analytics and Enterprise capabilities of the project as well as expand… Read More

July 31, 2015 @ 10:22 am By JD Alois  |  

    Doug Ellenoff, a leading attorney and advocate in the equity crowdfunding sector, visited our elected officials on Capitol Hill this past week to deliver an update on the status of crowdfunding in the United States.  Crowdfund Insider posted the video here, but unfortunately… Read More

July 31, 2015 @ 10:04 am By Samantha Hurst  |  

New Castle County Council voted to unanimously approve the Delaware Board of Trade (DBOT) resolution, allowing for the issuance of $15 million in revenue bonds to fund the construction of a new stock exchange in the City of Wilmington. The bonds will be the obligation of DBOT and will not… Read More

July 30, 2015 @ 4:44 pm By Samantha Hurst  |  

With only three more days until Red Ash’s Kickstarter comes to an end, it looks like the game will not receive its full $800,000. But no worries Keiji Inafune fans, the project will still get off the ground thanks to Chinese digital entertainment company FUZE Entertainment. The game, which… Read More

July 30, 2015 @ 2:03 pm By Erin Hobey  |  

Funding Circle, the SME peer-to-peer lender, announced that a fee-free investment trust will go live after the summer, according to CityWire‘s Gavin Lumsden. This will be the first fund launch from a lending platform and the company hopes the ‘no charge’ proposition will enable it… Read More