UK fintech startup Chip, which offers an app that automatically puts money into savings, has raised £2.5 million in a crowdfunding campaign on Crowdcube, from a total of 4,240 investors. The private round targeted £1 million and exceeded that “within hours,” says the London-based company, which just raised £7.3 million last November. The app, which […]
Franco-German logistics startup LivingPackets has raised €5 million through a crowdfunding campaign to develop its intelligent packaging system, THE BOX, which is designed to reduce shipping waste and improve last-mile delivery service. Currently, over 100 billion cardboard boxes are shipped each year in e-commerce alone, requiring 700 million trees to be cut down each year. […]
UnderPinned, a London-based startup creating a career platform for freelancers, has raised £500,000 in a three-week campaign on Crowdcube. In exchange, the company offered up a total of 8 percent equity to the 232 backers. Launched two years ago by now 23-year-old Albert Azis-Clauson, the career management platform is designed to be a one-stop shop […]
Chip, the London-based fintech that created an automatic savings account, has raised £7.3 million, with £3.8 million crowdfunded by customers and the remainder from unnamed angel investors. The campaign ran for three weeks in September and is currently Crowdcube’s most participated-in crowdfund, with 7,182 investors. The startup provides a free app “to make saving as […]
Lemon Way, a Paris-based payment processor for marketplaces and crowdfunding platforms, has raised €25 million from Toscafund Asset Management. Bootstrapped for twelve years, this is the company’s second investment round to strengthen and expand its presence across Europe. Lemon Way offers payment processing, wallet management, and third-party payments. The platform serves 1,400 marketplaces and partners […]
This week, Andrii Degeler and Natalie Novick discuss the mega-round of Babylon Health where the controversial fund PIF was among the investors, the tax relief claimed by Rockstar North that hasn’t paid corporation taxes in years, new research on e-scooters and climate risks, Cloudflare dropping 8chan, and much more. In addition to that, listen to an interview with Conny Weber, senior research analyst at the European Crowdfunding Network.
Editor’s note: This interview has been recorded and published as part of a content project in collaboration with the Japan External Trade Organization (JETRO). Gary Dushnitsky is an associate professor at London Business School who researches and teaches entrepreneurship, with a focus on early-stage startup funding models. He described his job as trying “to bring in […]