Connect with us

Crowdfunding

2022 Starts with Three Million Dollar Equity Crowdfunding Campaigns

Three million-dollar equity crowdfunding rounds closed at the dawn of 2022: a real estate project on Concrete Investing and innovative startups ArcoFC and Blinkoo on Crowdfundme and Backtowork. Blinkoo is an app to discover new places to visit and experiences to live through thousands of short videos shared by influencers, professional content creators, passionate travelers, and users.

Published

on

On the long wave of the successes of 2021, with the record collection of over $193.7 million (€170 million) compared to 100 in 2020 equal to a +70%, Italian equity crowdfunding starts with great momentum in 2022 as well. In fact, last week, three campaigns closed with a collection of more than one million euros. The real estate equity crowdfunding platform Concrete Investing raised $1.7 million (€1.5 million) for the Cascina Gerola project, Crowdfundme finalized the second round of the startup ArcoFC with over $2.3 million (€2 million) and on Backtowork, the tourism app Blonkoo raised $1.14 million (€1 million).

read more on the subject and find the latest business headlines with our companion app Born2Invest.

The real estate recovery of Cascina Gerola

Cascina Gerola is a residential and co-living development project located in the southern area of Milan, near the Chiaravalle Abbey, which consists in the redevelopment of an ancient 17th-century farmhouse surrounded by more than 25,000 square meters of green spaces. The project, managed by Bell Group and Nhood Italia, foresees the recovery for residential use of four historic buildings, in which about 50 residential units will be obtained, distributed on 2 floors above ground, in addition to the rooms for common use, parking spaces, cellars and technical rooms obtained in the basement.

The campaign, launched on Concrete Investing, has raised $1.7 million (€1.5 million), thanks to 105 investors.

The second millionaire round of ArcoFC

Arco FC is an innovative startup from Bologna, owner of technology for electric mobility that allows giving an autonomy of use up to 1000 km, with a recharge of only 3 minutes. The company, in particular, has developed and produces fuel Ccells, with a +15% energy efficiency, compared to the best systems, at a 20% lower cost and lithium batteries that, compared to traditional systems, allow 4 times less charging time, a life of 4000 cycles (compared to 1000 of lead) and no maintenance cost.

SEE ALSO  Six health and biotech funds to invest in during COVID-19

In 2020 the company had a turnover of about $1.14 million (€1 million), with an EBITDA just below zero. This is also thanks to the activity of prototyping and development of projects with important partners in the automotive, naval, aeronautical, railway, and industrial sectors, aimed at the realization of zero-emission vehicles.

Already protagonist of a millionaire round in 2020, when it raised $1.14 million (€1 million) at a pre-money valuation of $9 million (€8 million), in this second campaign, again on CrowdFundMe, the startup has raised over $2.3 million (€2 million) with the contribution of 730 investors and a pre-money valuation of $43.4 million (€38 million).

Blinkoo, the app for tourism influencers

Blinkoo is an app to discover new places to visit and experiences to live through thousands of short videos shared by influencers, professional content creators, passionate travelers, and users.

The app was born and developed within an ecosystem of influencers, content creators, and online media actively involved in the project. The Company currently works with over 60 influencers and content creators who have an exclusive contract with the platform for the production of videos and for the promotion of the app. The potential audience reached by the influencers and content creators featured on Blinkoo on major social media such as Instagram, YouTube, and TikTok is several million followers.

Its first equity crowdfunding round on Backtowork closed with a $1.14 million (€1 million) collection, thanks to 147 investors, against an ambitious target of $797,700 (€700,000) and a pre-money valuation of $7.4 million (€6.5 million).

__

SEE ALSO  Filecoin Price Forecast: FIL Could Soon Increase by 18%

(Featured Image by stevepb via Pixabay)

DISCLAIMER: This article was written by a third party contributor and does not reflect the opinion of Born2Invest, its management, staff or its associates. Please review our disclaimer for more information.

This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in Crowdfunding buzz, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

Although we made reasonable efforts to provide accurate translations, some parts may be incorrect. Born2Invest assumes no responsibility for errors, omissions or ambiguities in the translations provided on this website. Any person or entity relying on translated content does so at their own risk. Born2Invest is not responsible for losses caused by such reliance on the accuracy or reliability of translated information. If you wish to report an error or inaccuracy in the translation, we encourage you to contact us.

J. Frank Sigerson is a business and financial journalist primarily covering crypto, cannabis, crowdfunding, technology, and marketing. He also writes about the movers and shakers in the stock market, especially in biotech, healthcare, mining, and blockchain. In the past, he has shared his thoughts on IT and design, social media, pop culture, food and wine, TV, film, and music. His works have been published in Investing.com, Equities.com, Seeking Alpha, Mogul, Small Cap Network, CNN, Technology.org, among others.