Tagged: snowball effect

Brief: Snowball Effect Updates Crowdfunding Platform & Legal Documents Following $10 Million Milestone

On Wednesday, New Zealand-based Snowball Effect announced it has made a few changes after $10 million was raised through its Kiwi investment crowdfunding platform.  While sharing details about its updated website, the platform shared: “The new website incorporates your feedback and our learnings from the first… Read More

On-Demand Delivery Service UrbanSherpa Seeks $300,000 on Snowball Effect For New Zealand Expansion

UrbanSherpa, an on-demand delivery service, has launched an equity crowdfunding campaign on Snowball Effect to raise $300,000 to continue its expansion in New Zealand. This campaign was launched nine months after the company captured $750,000 during its first funding initiative. The company revealed: “Our goal… Read More

Status Report: Snowball Effect Provides Update on Funded Companies

New Zealand based Snowball Effect has provided an update on the companies that have successfully raised capital on its investment crowdfunding platform. Snowball Effect was the first platform to receive a license by the FMA a little over one year ago.  Since that time Snowball… Read More

Brief: Punakaiki Fund Moves Into Overfunding on Snowball Effect

Snowball Effect has stated that successfully funded Punakaiki Fund’s offer has been extended. Originally the equity raise had set a low bar minimum target of $200,000 NZD.  Recently the offer neared $2 million NZD but today Snowball communicated that retail investors sill had time to… Read More

Lance Wiggs’ Punakaiki Fund Secures $1.9M During Snowball Effect Campaign

Earlier this month, independent investment and business advisor Lance Wiggs and his team launched an equity crowdfunding campaign on Snowball Effect to raise funds for their growing venture, Punakaiki Fund. Punakaiki Fund revealed that it invests in premier high-growth companies from New Zealand. The company has investments in… Read More

First Equity Crowdfunding Campaign On Crowdcube NZ Launches; Features Cloud Software Firm Collect Group

In the first equity crowdfunding deal for Crowdcube NZ, an extension of Crowdcube UK, cloud software firm Collect Group seeks to raise funds for its marketing and loyalty software, according to New Zealand publication Stuff. Crowdcube NZ is being run in New Zealand by Wellington boutique investment bank Armillary Private… Read More

Renaissance Brewing Announces Plans For Second Crowdfunding Campaign

Renaissance Brew, the Marlborough-based craft brewery that made headlines last year as the company to launch the first ever crowdfunding offer in New Zealand, announced it is planning a second round of funding to expand its export market. As previously reported, Renaissance Brew launched a campaign on equity crowdfunding… Read More

Snowball Effect Prepares Secondary Market for Crowdfunded Securities

Snowball Effect recently surveyed their registered users and they received a lot of feedback on providing liquidity for investors. The equity crowdfunding platform initially researched the issue prior to their launch in 2014 but in the last 6 weeks the New Zealand based company has… Read More

Used By Sting, The Police and John Mayer, Boutique Guitar Pedal Maker Red Witch Now Crowdfunding on Snowball Effect

Like so many great products, Red Witch Analog Lt began in a garage–not in Silicon Valley, but in Paekakariki, New Zealand. The company, currently raising funds on Snowball Effect, produces boutique analogue guitar and bass effects pedals, used by the likes of Sting, the Arctic Monkeys, Guns n’ Roses, Andy Summers… Read More

SnowBall Effect has Raised Over $6 million Dominating the Kiwi Equity Crowdfunding Space

According to Snowball Effect they are off to a solid start as leaders in the investment crowdfunding space in New Zealand.  In a recent statement Snowball Effect declares; “Of the $8 million+ raised through equity crowdfunding so far in New Zealand, over $6 million was… Read More

Invivo’s Tim Lightbourne to New Zealand Herald: We’re Ecstatic to Hit the $2M Mark

Last week, New Zealand-based Invivo Wines announced the excited news that it has raised over $2 million NZD through its equity crowdfunding campaign on Snowball Effect. The wine startup’s campaign launched and almost immediately jumped to $1 million (doubling its initial $500,000 goal). Now, Invivo’s… Read More

Invivo Now Most Funded Crowdfunding Campaign Ever in New Zealand

Just last week we were writing about the impressive crowdfunding success of Invivo, a winery raising capital on Snowball Effect. The campaign launched and almost immediately jumped to $1 million NZD. Now a few days later and Invivo is nearing its $2 million top limit… Read More

Invivo Wines Rocket in First Hours Equity Crowdfunding on Snowball Effect

That was fast.  No sooner had I received the notice that Invivo Wines was doing an equity crowdfunding round on Snowball Effect than it crushed its $500,000 NZD target.  As of this moment, Invivo is nearing over $1 million NZD as 170 226 investors pitched in to purchase… Read More

Snowball Effect Shares Details on “Private Offers”

Kiwi investment crowdfunding platform Snowball Effect, has revealed the details of its new service designed to enhance its platform by offering similar funding services beyond the crowd.  Snowball Effect tipped its hand late last year regarding the new “private offerings” feature on its funding portal…. Read More

Snowball Effect Shares Preview of New Offers, Tips Hand on Forthcoming Site Changes

Kiwi equity crowdfunding site Snowball Effect started offering investments online this past August launching with crowd favorite Renaissance Brewing followed by film project The Patriarch and CarbonScape.  Each crowdfunding campaign successfully surpassed its minimum funding target closing over-funded.  The three investment offers raised in aggregate… Read More

Carbonscape Passes Minimum $400K on Snowball Effect, Targets $1.5 Million

The most recent equity crowdfunding campaign on Snowball Effect is the offer from CarbonScape seeking a max raise of NZD $1.5 million. CarbonScape launched on October 23rd and as of today has surpassed their minimum target by raising over NZD $400,000. The offer is for… Read More

New Zealand’s CarbonScape Looks to Crowdfunding Platform Snowball Effect to build Production Plant

Marlborough-based CarbonScape, which has the technology that could slash global greenhouse gas emissions is inviting the public to invest, is the latest company to raise capital through the new crowdfunding platform Snowball Effect, to build a continuous production pilot plant. The offer, which has just gone live… Read More

Snowball Effect: Foreign Investors Now Allowed to Participate in Offers

Equity crowdfunding platform Snowball Effect has just updated their investor agreement in light of significant demand from overseas investors.  While the New Zealand based platform has not yet celebrated its first birthday, Snowball Effect stated in a note to followers that; “We’ve had significant interest from… Read More

Renaissance Brewing Equity Crowdfunding on Snowball Effect (Infographic)

Equity crowdfunding rifled out of the gate in New Zealand with one of the most popular sectors to utilize the new form of raising capital:  Beer.  Renaissance Brewing, founded by iconoclastic Americans who decided to set up a brewery in the land of the Kiwi… Read More

2nd Equity Crowdfunding Offer on Snowball Effect is Film by Lee Tamahori

Lee Tamahori rose to acclaim with the critical success of award winning film Once Were Warriors – a production that went on to return more than $6.5 million to Kiwi investors..  Tamahori went on to direct Hollywood blockbusters such as James Bond’s Die Another Day…. Read More

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