In the last two weeks, equity crowdfunding in Italy has set a new record in terms of fundraising: five campaigns have exceeded one million euros, thus bringing the total fundraising in the last quarter of 2020 to over $32.7 million (€27 million).
Two of the millionaire rounds are related to investment vehicles, two to fintech, and one to a real estate project. In particular, the vehicles Startup Wise Guys on CrowdFundMe and Red Fish Long Term Capital on Opstart raised respectively $1.45 million (€1.2 million) and $7.5 million (€6.2 million) (second-best campaign ever); Microcredito (on Opstart), in its second round and Soisy (on Two Hundred), in its third, both raised around $2.3 million (€1.9 million); finally, the real estate project Varese 10 on Concrete Investing raised $4.6 million (€3.8 million).
Read more details about the most important crowdfunding campaign in Italy and find the latest business news with the Born2Invest mobile app.
Startup Wise Guys
With 185 investments in early stage startups, Startup Wise Guys is one of the most active startup investors in Europe. To help company founders become true entrepreneurs, the issuer has been running an international-caliber startup accelerator since 2012. The effectiveness of Startup Wise Guys’ selection strategy is demonstrated by the results: 3 Exits, 2 of which were particularly important, and an overall survival rate of startups over 77%.
The campaign, launched on Crowdfundme and closed on November 28, involved 147 investors who, with an average of $9,900 (€8,200) per investor, allowed the vehicle to reach the maximum goal of $1.45 million (€1.2 million).
Red Fish Long Term Capital
RedFish LongTerm Capital (RFLTC) operates as an industrial holding company with the aim of implementing entrepreneurial strategies to contribute to the increase of the long-term value of acquired companies, through the contribution of capital and expertise. From the experience of Red-Fish Kapital as a club deal management company and Innovative-RFK holding dedicated to innovative companies and listed on the Paris stock exchange, an investment structure has been created to maximize the benefits of long-term industrial value creation on SMEs, giving the possibility to choose further deal-by-deal investments to the Holding’s shareholders.
The round was successfully closed on November 30 on the Opstart platform with the record collection of $7.5 million (€6.2 million), second only to that of Fin-Novia $9.2 million (€7.6 million) last March.
Microcredito Di Impresa is a microcredit operator enrolled at n.12 in the list of microcredit operators held by the Bank of Italy2, it is a supervised entity and is required by law to provide mentoring services to financed subjects. The loans provided are guaranteed up to 80% free of charge by the Guarantee Fund.
The campaign, a second round, had been successfully closed on Opstart last September 30th, but had recently been reopened following further expressions of interest. On December 1st, the round was finally closed with a total collection of $2.3 million (€1.9 million).
The real estate project in Milan in Via Varese, consists in the demolition and reconstruction of the building with high standing residential destination. The development proposes the construction of a single body, while maintaining the concept of internal courtyard already present in the previous building.
The campaign, launched on Concrete Investing and closed on 3 December in just a few hours, is a new absolute record for real estate crowdfunding in Italy, with a total collection of $4.6 million (€3.8 million) thanks to 231 investors who invested an average of $20,000 (€16,500), more than three times the minimum ticket of $6,600 (€5,000).
Soisy is a peer-to-peer lending platform between individuals that uses technology to provide a fast and easy payment experience for e-commerce businesses and their customers, enabling external investors to fund installment payments on the marketplace. Through Soisy, customers of e-commerce partners can purchase by paying in installments. This option gives customers the opportunity to make more purchases and better manage payment flows.
The Italian fintech is now in its third equity crowdfunding round, again on Two Hundred, raising 1.89 with the last one closing on December 6 thanks to 549 investors. In total, Soisy’s three rounds have collected (€5.3 million).
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