Upcoming crowdfunding campaigns

Upcoming Crowdfunding Campaigns

I've got a few friends here and there who give me a heads up sometimes. These raises are fairly low on the radar *at the moment* so it's kind of like you're getting first dibs. Thought the community might be interested in these in particular, given the community's fintech enthusiasm:

Private live


These campaigns are live, but only to those with the link - they are not yet made public, to give
parties interested in advance an opportunity to participate.


Seedrs One of the world’s largest equity crowdfunding platforms. See the campaign here.

Goodbox provides contactless payment solutions for the charity sector. Their campaign is in very early days, but have a look here.

Upcoming


These companies have announced they will be raising on Crowdcube in the near future, the campaign will launch at a to-be-announced date.


ID finance - Spanish Lendingtech scaleup. One of the top 100 fastest growing (by revenue) companies in Europe, according to the financial times. Raising in a few weeks.

Bnext - Spain’s leading neobank. Recently raised Spain’s largest ever Series A round. (~£20mn) Raising in a few weeks.


There’s a handful more, but thought i’d leave it at the fintech ones for now.

11 Likes

Oh man, I’m salivating over Bnext.

Can’t wait.

2 Likes

Has Bnext already raised and is raising again? Which platform are they raising on it again?

1 Like

They’ve raised in the past, yes, but they are raising again on Crowdcube in a few weeks.

Found out through an interview the founder did in Spain alongside others operating in the (crowdfunding) space. If you’re interested, here’s the video:

it’s mentioned @ 22:50 btw

3 Likes

So they have raised 20mil and are going again in a few weeks? Do you know which platform they are raising on?

Great original post, thanks! re: Bnext. Have they done Crowdfunding before or just VC raises do you know?

@101 Bnext raised a small round on Crowdcube’s then-standalone Spanish site in 2017:

https://www.crowdcube.es/proyecto-crowdfunding/bnext-21090

@Lee They have raised a series A @ £20m, but are still going to raise on crowdcube, much like Monzo did. Reserving parts of the round for the crowd is an emerging trend.

Information about the Series A here:

2 Likes

@sparklesandsweat Such a good trend: benefits of large VC cheques and guidance combined with benefits of the crowd for word-of-mouth marketing and community.

1 Like

I’m waiting for some p2p lending (zopa) or business lending (oaknorth) or even cyber security (darktrace) or unboarding tech (Jumio). Even Currency cloud or Shield pay.

They probably don’t wish to use crowdfunding in the future but one can hope.

1 Like

Zopa is possible, as they and Crowdcube have mutual shareholders in Balderton. Far from ideal, but you could get indirect exposure to Zopa through LON:AUGM. Seen some great P2P startups raise on Seedrs in the past year though - , LandBay, Assetz Capital and Capitalrise, etc. The house crowd is on there at the moment too - not a massive fan though.

To carry on the “coming soon” theme, an ex-Ratesetter team is going to be crowdfunding for their new p2p startup on Seedrs in the distant future, pre-register here

As cool as Oaknorth, Darktrace and Jumio would be, they probably have no use for crowdfunding imo. They already have the capital, aren’t consumer facing, and the deep(ish) tech might be unintelligible for the crowd. Would be cool though.

I’m speculating that these guys might crowdfund in the near-future, and I’d love to invest:

  • Flux: a tech startup that integrates receipts into your banking app. They literally get asked all the time if they’ll crowdfund, they’re bound to cave haha

  • Koru Kids: Uber of babysitting, basically. I love the idea. Investors incl. Atomico. The founder said she was considering crowdfunding recently.

  • Seedcamp: The seed stage VC behind Revolut, UI Path and Transferwise. Investors in Seedcamp include Index ventures, Octopus Ventures and Local Globe. Their 2nd Fund IRR was once reported as 23% (that’s before they were warmed up). Interestingly, they have crowdfunded on Seedrs in the past, but the raise was just for founders in their network.

7 Likes

Maybe if Monzo, Santander, Barclays, Revolut integrate a computer vision-powered feature to read receipts, this startup will become less relevant.

I can create a demo app/MVP with Apple’s iOS Vision and CoreML APIs in a day to recognise text in images.

Bnext has 300,000 customers. The card looks very familiar :upside_down_face:

The financing round was led by new investors DN Capital – Shazam, Auto1, Remitly –, Redalpine – Taxfix, Teads – and Speedinvest – Curve, Billie – together with existing investors such as Paris-based Founders Future – Teads, Yuka – and Mexico-based Cometa – Cabify, Wallapop –. Other investors include Enern , USM and Conexo.

Launched in early 2018, no.1 in Spain

Note: Investing in private startups is very risky :man_shrugging:

1 Like

Sorry, should have been more clear: The idea behind flux is that you don’t have to print a receipt in the first place, so a somewhat better solution than computer vision. Save the planet and all that. Crucially, you can liberate the data from a receipt. They also automate reward points, etc. They’ve already partnered/integrated with Monzo so hopefully Monzo aren’t in a rush to build their own product.

But yeah, there is always the risk of their technology being beaten.

1 Like

I’ve heard Feedr will be raising again on crowdcude

3 Likes

Noticed Bulb are being asked fairly regularly if they’ll Crowdfund by their community.

2 Likes

Yup, funny you mention this, I was in that forum haha!

They actually put it on their product roadmap a few months ago. Mind you, I don’t think they stick to theirs as strictly as Freetrade, say.

For those that don’t know, Bulb is the renewable gas/electricity supplier. Recently became a unicorn. Quite a few such energy startups went bust recently, though.

Thanks Munsi, Had no idea! Welcome to the community btw :slight_smile:

2 Likes

Patch Plants are crowdfunding too -

3 Likes

When does Patch go live? I’d be interested in a small bet!

They were meant to go live this monday just gone, actually. They’ve said it’ll be this monday now, but I have my doubts. Definitely an interesting one to watch.

Source: Emailed the founders.

2 Likes

Hope the succeed :+1:

3 Likes

Some more upcoming crowdfunding campaigns, all from the US. Going live on crowdcube this quarter(ish) via their partnership with US platform Seedinvest:


NowRx – a tech-enabled, on-demand pharmacy offering next day delivery. Deliveroo for drugs, I guess. Previously raised £5m via Equity crowdfunding.

Monogram Orthopaedics – A Robotics Medtech startup innovating in hip replacement surgery. They have a dope ass robot.

Winc – A subscription-led craft wine brand, backed by well-known VC “500 startups” (Reddit, Udemy, Plum). Grew reveneue with a CAGR of 92% between 2011-2018 to ~£137mn in revenue.

Graze – A VC backed robotics agritech startup building autonomous lawnmowers.


obligatory disclaimer:

Capital at risk ofc, not financial advice etc, as is true for every post here. Some of these are very esoteric startups, with significant technology risk, so please take care in your research - always helps if it’s a sector you know well.

1 Like