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SeedInvest Seeks Equity Crowdfunding Accredited Investors to Raise $3 Million in Series A Funding

14 Apr

Equity Investment Offers Investors an Opportunity to Get In on the Ground Floor of One of America’s Leading Equity Crowdfunding Investment Sites before the SEC Approves 240 Million New Investors to Join the Equity Investment Pool when the Final Title III Guidelines are Approved by the SEC sometime in 2014

By Robert Hoskins

New York, NYSeedInvest announced that it is seeking accredited investors to fund a $3 million Series A round on its own equity crowdfunding investment platform in the United States. The first $2 million has already been committed by prominent venture capital firms, including: Scout Ventures, Great Oaks Venture Capital, Avenue A Ventures, Krillion Ventures and Archer Gray.

SeedInvest Launches $3 Million Series A Round on Its Own Platform

SeedInvest.com Launches $3 Million Series A Round on Its Own Platform

SeedInvest is excited to open up the remainder of its round to individual accredited investors who would like to invest alongside the aforementioned venture capital firms. This announcement marks the first time that a US-based equity crowdfunding platform has publicly raised capital for itself. Interested investors should go to www.seedinvest.com/seedinvest to learn more about the company and the investment opportunity.

The $3 million raise will enable SeedInvest to grow its team to support its rapidly growing investor base. In conjunction with the raise, Bradley Harrison, Managing Partner at Scout Ventures, will join SeedInvest’s Board of Directors.

“SeedInvest has both the right team and vision to capitalize on one of the largest shifts of economic power to retail investors that we have experienced in our lifetime,” said Harrison. “Their results clearly prove that they are addressing a huge problem for both investors and entrepreneurs.”

Since its launch in February 2013, SeedInvest has rapidly expanded its investment base, attracting thousands of investors who are looking to collectively invest more than $125 million in startups. In addition to establishing a thriving marketplace, SeedInvest is getting deals done. The company processed more than 60 investments worth over $2 million in March alone, and grew its transaction volume by 350% in the first quarter of this year versus the previous quarter.

Unlike other platforms that keep 20% of returns, SeedInvest is completely free for investors. This has enabled SeedInvest to attract larger investors who made investments as large as $550,000 last month. As a result, SeedInvest has proven that it can deliver capital quickly and bring high-value-add investors to the table. During March, SeedInvest helped Vengo, a high-tech digital vending machine, raise $720,000 online from a combination of venture funds, family offices and individual angel investors.

“Although we have had a tremendous start to 2014, we can’t wait for the 2nd half of this year,” said Ryan Feit, CEO and co-Founder SeedInvest. “As soon as the final portion of the JOBS Act kicks-in, we will open SeedInvest to 240 million Americans who will be able to invest in startup companies for the very first time.”

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New York Fashion Designers Skip “Crowdfunding” and Take a Walk Down the “Crowd Commerce” Runway

14 Apr

Global “Crowd Commerce” Concept Bypasses Crowdfunding and Goes Straight to Crowd Sales Targeting Consumers and Designers to Determine What Products Are Produced – Cynthia Rowley, Whit, and Meskita Currently Signed On

By Robert Hoskins

New York, NY – In a creative twist on e-commerce, crowdfunding, and social media, Crowdemand is a new fashion technology platform that connects consumers directly to the designers they love on their desktop, tablet, and mobile device. However unlike traditional crowdfunding sites, there are no crowdfunding profiles, no pitch videos, only the the opportunity to make a crowd purchase.

Global "Crowd Commerce" Concept Bypasses Crowdfunding and Goes Straight to Crowd Sales Targeting Consumers And Designers

Global “Crowd Commerce” Concept Bypasses Crowdfunding and Goes Straight to Crowd Sales Targeting Consumers And Designers

On Crowdemand established contemporary designers present pieces via the a new version of “crowd commerce” website, with consumers ultimately deciding which designs go into production. Crowdemand will feature select brands such as Cynthia Rowley for their launch, with the New York City based label Whit, and Brazilian designer Meskita to follow.

Designers showcase exclusive products on Crowdemand with price-points between $250 – $2,000. Each piece will fit into three categories: “Celebrity Spotting,” where designers will recreate an item worn by a celebrity, “Backed by Popular Demand,” where designers create popular pieces from past seasons, and “New Demands,” which are new exclusives for the coming seasons. This business model is the only one of it’s kind–currently designers, fashion e-commerce sites, and brick and mortar stores can only offer a selection of merchandise that has already been produced, and when the inventory runs out you’re out of luck.

Each designer individually determines the minimum number of orders required for a design to go into production, and to maintain exclusivity, Crowdemand sets a maximum number of orders that can be placed. Crowdemand will also take photos and edit the images of each design, at no cost to the designer.

Next the users, or “crowders” can pre-purchase the designs during a determined two-week campaign period, spreading the word via Twitter, Facebook, Instagram, Pinterest, and other social media platforms, knowing that with the power of the crowd the design will get made. During the campaign process each design has a progress circle letting crowders and designers know how close they are to reaching their production goal.

Once enough crowders have pre-purchased the design, Crowdemand places an order with the designer, and products are shipped domestically and internationally within eight to sixteen weeks right to each crowder’s door. All items in original condition can be returned within 30 days, and as a bonus, for the next two weeks users who sign up and share Crowdemand with their friends will be rewarded with a $25 credit for every friend that signs up.

“This retail model is the future; it bridges the gap between consumer and designer, bringing unparalleled benefits to both parties which are unavailable within traditional retail models,” explains Liat Cohen, VP of Business Development at Crowdemand.

Both participating and future designers are excited to become a part of this unique platform because it solves a myriad of the industry’s inventory and production cost issues. Fashion houses place orders based on projections, but Crowdemand offers designers the chance to assess demand and capture pre-orders before any pieces go into production, as well as the real-time insight of what their customers, not department store buyers, are interested in wearing.

Consumers are generally sold to, not listened to, and by engaging with Crowdemand they are heard loud and clear.

By leveraging their social networks and enlisting their followers to help get designs made, they are becoming an integral part of the production process. The ground-breaking sales method of Crowdemand allows designers and customers to do what they do best: designers can create without the stress of production projections, while customers join in the process of creating an exclusive product in their size without ever having to search through racks for the right item. The future of retail lies in this model of “crowd commerce,” and Crowdemand is the first fashion e-commerce site to offer it.

OnFarm, an AgTech Big Data Company, Raises $800K on AgFunder, the First Equity Crowdfunding Platform for Agriculture and Farming

14 Apr

This raise not only provides capital for OnFarm’s growth as a farm data management system, but also establishes AgFunder as a disruptive capital provider in the agriculture and agtech space

By Robert Hoskins

Fresno, CAOnFarm, an agriculture technology (agtech) company that is part of a growing wave of new technologies that are  revolutionizing the farming industry, and AgFunder, an online equity crowdfunding platform for agriculture and agtech opportunities, announce the successful close of OnFarm’s $800,000 equity crowdfunding raise. The raise, which closed at the top of its range, is AgFunder’s first crowdfunding campaign, and will help OnFarm expand its distributor network.

AgFunder, a New York and San Francisco-based online equity crowdfunding platform for agriculture and agtech opportunities,

AgFunder, a New York and San Francisco-based online equity crowdfunding platform for agriculture and agtech opportunities,

Lance Donny, CEO of OnFarm said, “This has been a great opportunity to demonstrate the strength of investor interest in the OnFarm platform as well as the potential for crowdfunding to transform ag finance. The AgFunder team has done a great job of working with us to close this round in only 5 weeks, which lets us stay focused on our customers and business.”

OnFarm provides information to farmers that allows them to calibrate their water or fertilizer inputs for precise growing conditions. This translates into higher margins and less resource depletion, something the ag sector is keenly watching in an era of tight water supply and higher costs.

“We’ve been following OnFarm since we first built the AgFunder platform and see them as a leader in integrating technologies that will generate real returns for farmers and accredited investors who have registered on the Agfunder platform. They’re a solid team, and their campaign generated strong interest with investors that allowed us to close at the top of their targeted fundraising. We look forward to working with more entrepreneurs of Lance’s calibre and think we have an exciting pipeline of opportunities ahead, “ said Rob Leclerc, AgFunder’s CEO.

AgFunder is one of a number of crowdfunding platforms that have launched since the passage of the JOBS Act, which expands the opportunities for companies to market to accredited investors, and is the only platform dedicated to the ag vertical. Launched in beta only 9 months ago, AgFunder has accumulated over $1bn in dealflow.

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Amaker3D Launches Kickstarter Campaign for Dual-ARM OpenSource 3D Printer

14 Apr

Amaker3D aims to raise the 3D printing capability and to create a new intuitive 3D printing experience for everyone from beginners to professionals

By Robert Hoskins

Singapore – Amaker3D has announced that they will be launching pre-orders for their new 3D printer, Amaker 3D printer on Kickstarter, one of the world’s leading platforms for creative and innovative projects.

Amaker3D aims to raise the 3D printing capability and to create a new intuitive 3D printing experience

Amaker3D aims to raise the 3D printing capability and to create a new intuitive 3D printing experience

“We’re thrilled and honored to be on Kickstarter. There are strict requirements to fulfill for technology projects in all aspects of design, functionality, operations and manufacturing plans etc. We’ve adhered to the vetting and criteria selection process,” says Shufen Yeo, Amaker3D’s co-founder. “We’ve designed Amaker from the ground up and we’re excited to present the new features this 3D printer offers.”

Amaker3D aims to raise the 3D printing capability and to create a new intuitive 3D printing experience for everyone from beginners to professionals. The printer is designed with next generation electronics using ARM processors and touchscreen LCD. The sleek printer design is built with aluminum structure and integrated threaded lead screw stepper motors for precise motion control and high efficiency. Timing belts or couplings are no longer needed. This design ensures printing accuracy of a CNC on a 3D printer.

“Designed with users’ experience in mind, we’ve added a full color touch screen LCD to allow easy control of the entire printer,” says Yeo. “Various printer actions have been coded into selectable utilities for easy activation via LCD. AMAKER 3D printer empowers users to print in multi colors. Users can easily switch colors anytime during printing to create unique effects.”

“We look forward to using exciting new filament materials on Amaker 3D printer,” says Siew Hong Goh, Amaker3D’s co-founder. “To ensure good 3D printer performance, our beta printer prototype has been subjected to three months of vigorous stress testing. Hot end has been tested to function at a high temperature up to 315°C. These testing results helped confirm that we have a robust 3D printing solution. We want to introduce a 3D printer that not only prints well, but well built to last long printing hours and with the ability to explore new materials.”

Amaker3D has decided to open source this new design as the founders strongly believe that an open source environment stimulate creativity. Amaker3D founders are inspired by the open source community and would like to contribute to the community.

Amaker3D is offering the Amaker printer bundled with filament spools in the Kickstarter campaign. All printers are functionally checked with actual 3d printing, therefore it is meant to function out of the box with minimum set up.

Amaker3D has also released two videos. The first video shows the internal mechanisms of the Amaker 3D printer in action. The video demonstrates the printing of a vase with user friendly touchscreen LCD interface. It also shows that the printed part can be easily removed from the platform.

The second video shows the ability of Amaker™ to print multiple colors in the same object. It does not require re-creation of the 3D model nor any code editing to achieve this build. Users can easily switch colors anytime.

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AssetAvenue Leverages $10 Billion Track Record to Launch Premium Crowdfunding Platform, Offering Investors Unprecedented Access to A-List Commercial Real Estate Investments

14 Apr

New Equity Crowdfunding Platform Kicks Off by Closing First Deal in Manhattan’s Exclusive Trump Palace Within 48 Hours of Launch

By Robert Hoskins

Los Angeles, CA – Real estate crowdfunding platform AssetAvenue announced the launch of its new invest portal, providing investors with unprecedented access to pre-vetted investment opportunities with best-in-class real estate operators from across the country. The platform will allow operators to utilize new general solicitation rules enacted last fall and legalized by the bipartisan JOBS Act.

New Equity Crowdfunding Platform Kicks Off by Closing First Deal in Manhattan's Exclusive Trump Palace Within 48 Hours of Launch

New Equity Crowdfunding Platform Kicks Off by Closing First Deal in Manhattan’s Exclusive Trump Palace Within 48 Hours of Launch

The company’s first completed deal raised $485,000 from investors in less than 48 hours to acquire a commercial real estate loan backed by office space in the prestigious Trump Palace, the tallest building in New York City’s Upper East Side neighborhood.

The AssetAvenue management team is already leveraging a combined $10 billion in real estate acquisitions experience and deep industry relationships to deliver superior deal strength, which the team sees as its advantage. “Investors care first and foremost about access to the highest quality deals,” said David Manshoory, founder and CEO of AssetAvenue, “and that’s where AssetAvenue stands out. We’re opening access to the kind of opportunities that investors used to only hear about after the biggest players had already snapped them up.”

“Closing our first deal on a property like the Trump Palace — and within 48 hours — is indicative of what we plan to bring to the industry,” said Kevin Arrabaca, president of real estate investments. “Investors in this deal are projected to earn a nine percent annual return, paid on a monthly basis, on a loan that is only 46 percent of the recently appraised property value.”

AssetAvenue’s member base offers real estate operators and sponsors a new and growing source of investor capital to help fund properties. The AssetAvenue team handles all investor distributions, communications and relations, allowing operators to interact with only one intermediary and focus on what they do best.

“Our model is simple: smart money follows great deals,” added Manshoory.

All of AssetAvenue’s pre-vetted deals allow investors to contribute as little as $10,000 per property, allowing investors to diversify their portfolio across multiple assets and earn regular cash flows.

Headquartered in Los Angeles, AssetAvenue is led by commercial real estate industry veterans with a proven track record of raising capital from high net worth and institutional investors, while generating impressive returns in real estate and business. Manshoory is a seasoned entrepreneur with a real estate track record, having previously founded an investor-backed real estate fund that acquired distressed properties in Southern California. Arrabaca has over a decade of real estate and finance experience, having underwritten over 3,000 properties across nearly every asset class while at various firms, including Colony Capital, Lehman Brothers and Houlihan Lokey.

AssetAvenue also counts among its advisors some of the most respected minds in the banking, real estate, technology and crowdfunding industries, including Dr. Richard Swart of UC Berkeley, a founding board member of the Crowdfunding Professional Association. Dr. Swart is a world-renowned crowdfunding researcher who recently authored a major white paper for the World Bank on the potential impact of crowdfunding.

“Crowdfunding has already proven itself in other industries and verticals, such as fundraising for businesses and loans, because of all the benefits it brings to both sides of the marketplace, the sponsors and the investors,” Swart said. “Crowdfunding for real estate breaks down all the traditional barriers to getting involved as an investor and allows sponsors to raise capital more efficiently. Although we are only scratching the surface of what’s possible today, I predict that real estate crowdfunding will become mainstream in the United States in the next 12 to 24 months.”

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