Crowdfunding update #5 July 2020

Updated: Sep 13


News 📰


Alpkit, the outdoor gear brand (think north face), closed their campaign in one hour, raising £1.5M across ~1.5k investors. The raise never went public, and was done entirely in private mode.


Fintechs such as Curve, Currensea, Anna Money and Dozens are forced to freeze client money for a few days because their card issuer Wirecard (once a multi-billion euro german fintech) commited a large scale fraud that led to their bankruptcy. Service at the mentioned startups has since largely returned to normal; Curve, for example, now issues cards through a partnership with mastercard.


Future fund applications have reached over £320m across more than 300 startups, exceeding the £250m initially pegged for the scheme. The government has expressed an intention to expand the capital available through the scheme in pace with demand.


Seedinvest, a crowdcube partner, experiences record investment volume and signups. Crowdcube themselves also reported a 16% increase in the number of businesses funded in Q2 20020 vs Q2 2019.


The first shares to be sold on seedrs via capdesk are slated to appear by year end at the latest. Capdesk boasts companies such as Secret Escapes, Gousto and The TAB.


Tossed, the crowdfunded salad restaurant, shuts shop due to the impact of COVID on the business. The startup had been known for being one of the first london restaurants to go fully cashless, and also for acquiring Vital Ingredient, another london-based restaurant chain. Tart London, a similar (bakery/coffee shop concept) startup, has also closed its doors.




Private Live Campaigns 👤


Ovalmoney. Savings fintech. Think Plum or Chip. Invest here.


Kokoon. Earphones for sleeping. Think jawbone. Invest here.


Hiyacar. Car rental startup; Uber meets Hertz. Invest here.


Martha brook. Profitable luxury stationery brand. Invest here.


N.B. Remember, pre emption campaigns often lack as much information as fully fledged ones. Proceed with caution!


N.B. Don't be spooked by the potential lack of investors so far, it's becauseyou're seeing the campaign *really* early.



Upcoming Campaigns 📆


Moneybox!


The cats out of the bag on this investment fintech, whose campaign launches in August. Nearly half a million users and £1B in AUA. Over 20k investors have pre registered so far; this should be a big one. Stay tuned for a due diligence post on this one, prior to campaign launch as per usual.
Pre register here for the moneybox campaign.

This. Plant based food startup. Britain’s answer to “Beyond meat”. Pre register here.


Mitto. Gen Z banking fintech. Spanish Gohenry. Pre register here.


Stark. Crypto payments startup; Mastercard meets coinbase. Pre register here.


Nourish. Snack/sweet treat startup. Pre register here.


Livia. Another snack/sweet treat startup. Grew over 100% YoY. Pre register here.





Crowdfeed labs🔬


The pitch deck library is still in development. Please continue to feel free to send any pitch decks (failed companies only) to admin@crowdfeed.net. it's the last ingredient we need 👌Thank you!



Dont forget that crowdfeed has an app! I find it heaps more user friendly than the site, but I love both 😍 Anyway, you just download the Wix app on the play/app store and use invite code "6M1FGU" or just click here.



That's all for a while, thanks for reading! 🤗


Please do let me know your thoughts on these campaigns and news tidbits in the comments. Feedback is always appreciated too!


Ciao

220 views5 comments

None of the content at crowdfeed is financial advice. Remember when investing that your capital is at risk.

  • Twitter
  • LinkedIn
  • YouTube
  • Facebook

Thanks for visiting crowdfeed!

Subscribe for crowdfeed email newsletters (coming soon)!