Mamacrowd Marks a New Record for Investments in Equity Crowdfunding

Mamacrowd, the Italian platform for equity crowdfunding investments, has set a new collection record. In one month, €8.67 billion was invested on Mamacrowd, of which almost €4 million came from crowdfunding.

This a milestone which, despite the sector recording an inflection, confirms the positive trend for the platform which in the first half of 2023 had raised over 14 million (+54% compared to the same half of 2022) from over 2,300 investors and marked the first two real estate exits with G311 and Milano 1040.

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Successful campaigns on Mamacrowd

Among the most successful campaigns launched on Mamacrowd is that of Out Of. The Brescia-based SME that deals with the development of technological solutions in the optical sector has raised €7.6 million from around 580 investors, of which 40% had already bet on the project in the first campaign. Added to these were the investments of the AZIMUT ELTIF – Venture Capital ALIcrowd III fund and FFI (Ferrari Family Investments, the family office of the team’s founder’s family).

The real estate sector is also growing on Mamacrowd, as expected, with the Firenze Rimaggio campaign – a project for the redevelopment of historic buildings in Florence – which raised €1.4 million in 4 days. The two campaigns also drove the other proposals on the platform, reaching the record monthly collection figure which, for September, was 189% more than the average of the other months of 2023.

“These results are the fruit of a path that Mamacrowd has been carrying on for years in Italy as a primary operator, working in a hybrid formula with institutional investors, including Azimut, but knowing, at the same time, to create a strong and recurring network – commented Dario Giudici, CEO of Mamacrowd – The careful processes of selection of projects, of which only around 1.3% obtain the approval to go to collection, together with the ability of our team to follow the steps following the campaign, are our greatest strengths. In the next few weeks, the European regulation will become effective and I expect new opportunities to materialize thanks also to the possibility of opening our platform to international projects and capital.”

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(Featured image by Austin Distel via Unsplash)

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

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