Monthly Archives: July 2013

UK Printed Electronics company, Novalia Limited, Kickstarts

UK Printed Electronics company, Novalia Limited, Kickstarts

UK Printed Electronics company, Novalia Limited are inviting small investors to be part of their story by backing their work through crowdfunding site, Kickstarter. The team have released a project to manufacture a poster, with printed smart-phone-like capacitive touch. The user simply touches the poster and hears the drums; it’s that simple. In return for their support, investors will receive a fully functional interactive poster from Novalia’s first, full scale production run. The project offers two different versions; the first connects via Bluetooth to an app running on an iPhone or iPad & plays the drums wirelessly through the iOS device. The second is a…

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Homeowners fight foreclosure through crowdfunding

Homeowners fight foreclosure through crowdfunding

(MoneyWatch) Can a crowd save a house? Homeowners facing foreclosure certainly hope so. Struggling borrowers are turning to new crowdfunding sites to raise money from friends, family and even strangers to keep up with their mortgage payments. Ruth Caspary, 45, has launched a crowdfunding campaign on GoFundMe after losing her job in 2009 as a visual effects artist. Finding a new job was tough, so instead she joined her husband’s dance instruction business, “Salsa with Juan,” as a marketing manager and dance instructor. Although her new career reduced her income, the two made ends meet for a while through the business and various side jobs. But late…

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Horlick looks to crowdfund film finance

Horlick looks to crowdfund film finance

A HIGH-profile fund manager has turned to Seedrs, a crowdfunding platform, to raise seed capital for a venture that will finance films made in Hollywood. Nicola Horlick, who chairs Rockpool Investments, is asking investors for £150,000 in return for 10% of the equity of Glentham Capital Glentham aims to raise $100 million (£650,000) from UK and overseas investors in the final quarter of 2013, which will in turn be used to finance films in Tinseltown. Ms Horlick, who set up Bramdean Asset Management with Sir Derek Higgs in 2004 and sold it to Aberdeen Asset Management after his death in 2009, will chair the company.…

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Beyond Kickstarter: Three game devs who crowdfunded on their own

Beyond Kickstarter: Three game devs who crowdfunded on their own

Kickstarter is a big deal for video games. It allows studios to float a concept or prototype directly with fans (and potential future fans), assess whether or not people are willing to pay money for such a project, and bypass publishers all the while. But there are possibilities for crowdfunding outside of platforms such as Kickstarter, too. Numerous studios are having a crack at their own crowdfunding initiatives, ditching Kickstarter in favor of going it alone. With Kickstarter’s architecture already in place, ready and willing to display your funding project, and tested to within an inch of its life by all walks of video games,…

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Kickstarter: An iPhone Kitchen Thermometer, From the Inventors of Twine

Kickstarter: An iPhone Kitchen Thermometer, From the Inventors of Twine

Of all the ordinary things we can now link up to our smartphones and tablets–watches, scales, cars and even those dumb slabs that serve as our front doors–the humble kitchen thermometer doesn’t seem like an especially exciting candidate. But imagine being able to pore over graphs of botched loaves when trying to perfect the elusive art of at-home bread baking. Or being able to keep an eye on the temperature of a bird in the oven while running to the store to grab some forgotten supply. Or even just being able to monitor its temperature without opening the oven in the first place. That’s the…

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With The JOBS Act, The Private Funding Market Finally Gets Its Chance

With The JOBS Act, The Private Funding Market Finally Gets Its Chance

In mid-July, the Securities and Exchange Commission approved groundbreaking regulations that will change the way companies interact with, and raise money from investors. The Commission voted — nearly one year past its deadline from Congress — to implement a key section of the JOBS Act by lifting a decades-old ban on mass marketing private securities offerings. According to the SEC, private markets already raise considerably more money for companies than their public counterparts, with $1.7 trillion raised privately compared to $1.2 trillion raised publicly in 2012. In addition to being able to engage wealthy friends and family, it will now be possible for companies and…

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Canada’s We Live Up Here group, Crowdfunds Sudbury photography project

Canada’s We Live Up Here group, Crowdfunds Sudbury photography project

What started as a project to explore Sudbury through photography has expanded its scope to a larger canvas. We Live Up Here, the project that released a book of the same name last year that featured photos from around Sudbury, has started an online crowdfunding campaign to fund three murals that will celebrate different aspects of Sudbury’s culture. The project’s founders, Christian Pelletier and Andrew Knapp, want to raise $5,000 to pay for the materials and labour required to create the three murals. To encourage people to donate they have created a few incentives. People who donate $25 to the project will receive the the…

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Exclusive Interview: Crowdfunding platform geared toward the African American community

Exclusive Interview: Crowdfunding platform geared toward the African American community

Forbes contributor Devin Thorpe interviews CEO Nathan Bennett Fleming from Black Startup, a new Crowdfunding platform focused on projects and ideas positively impacting the African American community! Nate Bennett-Fleming was born in a single family household in Southeast D.C., from a young age Nate witnessed the vast political and economic inequities faced by many in Washington D.C. Through a scholarship provided by Hannah Hawkins, founder and director of Anacostia’s Children of Mine Center, he was able to graduate from St. Andrews Episcopal School in Potomac, Md. In 2007, Nate graduated cum laude with a BA in political science from Morehouse College, in Atlanta, GA, where he…

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Healthcare crowdfunding startup Watsi raises $1.2 million

Healthcare crowdfunding startup Watsi raises $1.2 million

A group of influential investors has backed Y Combinator’s first nonprofit graduate, Watsi, which applies crowdfunding to financing health care in third world countries. I wrote about the company when it was accepted into Y Combinator back in January. It was founded by three former Peace Corps volunteers — Chase Adam,Mark Murrin and Howard Glenn — and a tech consultant, Jesse Cooke. This week’s $1.2 million funding came from a large group of 16 investors, including Y Combinator co-founder Paul Graham, angel investor Ron Conway and venture investor Vinod Khosla. San Francisco-based Watsi helps the world’s poor pay medical bills through small donations. Donors choose who they want to support after seeing profiles on Watsi’s site and…

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Kreyos smartwatch crowdfunds over $1,000,000 dollars

Kreyos smartwatch crowdfunds over $1,000,000 dollars

The crowdfunding campaign for the Kreyos smartwatch project has passed $1 million in support, proving once again that backers love them wearables. Kreyos is still at a fraction of the $10 million of support that Pebble raised last year, but it has managed to raise 10 times the amount it was asking for on IndieGogo. The campaign’s $1 million stretch goal was sleep tracking, which should be a nice addition to the device. Unlike Pebble, Kreyos is touted as having support for Siri and voice control. The watch will retail for $169 and is scheduled to arrive later this year. Currently, backers can get a unit with a pledge of $139.…

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Crowdsourcing And Fashion – Interview with Loni Edwards CEO of Stitch Collective

Crowdsourcing And Fashion – Interview with Loni Edwards CEO of Stitch Collective

Loni Edwards is Founder and CEO of Stitch Collective Inc, Co-Chair of the Harvard Law Entrepreneurs Network, and Mentor at Andover Thought in Action. Formerly an attorney at Quinn Emanuel LLP.  Graduate of Harvard Law School, Cornell University, and Phillips Academy Andover. Firstly, where does your love for fashion come from? I’ve always loved the way fashion allows you to express yourself, and I find the creativity that goes into thinking up new and innovative designs incredibly inspiring. Stitch Collective was created as a way to support designers and promote their creativity. You mention that Stitch Collective was born as a solution to a variety of barriers you noticed for new designers getting into the marketplace. What…

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Capital Creation & Crowdfunding Explored: CrowdFund Roundup

Capital Creation & Crowdfunding Explored: CrowdFund Roundup

Is CrowdFunding a Scam Boom or Bust, Godsend or Scam, New Vision or Confidence scheme; we’re amazed at the conclusions leapt to about crowdfunding. So much is competing for our attention that often hyperbole rather than objectivity is what we remember. CrowdFunding is the best process realignment since the invention of the automobile! CrowdFunding, like all systemic modifications to the business process, will build slowly towards a new capital formation process encompassing all that is right about attracting capital to high quality ideas. It will do this it brings the ultimate consumer into the product lifecycle sometimes even before the money is needed and will…

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HEADLINE NEWS

DVS Gaming (registration) (blog)Crowdfunding: How Does it Help Indie Developers?DVS Gaming (registration) (blog)2012 is when crowdfunding really blew up, prior to 2012 the average amount of money devs would receive could range from 10k-100k. By today's standards, that's stil [...]

LivemintFinding the right balance on crowdfundingLivemintSecurities market regulator Sebi (Securities and Exchange Board of India) has been trying to get a handle on digital platform-based crowdfunding since at least 2014, when it issued a cautiously positive consultation paper. It fl [...]

U.S. News & World ReportNo Cash for Hate, Say Mainstream Crowdfunding FirmsU.S. News & World ReportThe block on mainstream crowdfunding is just the latest blow to far-right activists operating online. In the last 24 hours, neo-Nazi website the Daily Stormer had its domain regi [...]

FortuneUncensored Social Network Gab Raises $1 Million in Crowdfunding CampaignFortuneA crowdfunding campaign for Gab, a Twitter-like social network that touts its commitment to freedom of speech, surpassed $1 million yesterday. The company claims it is politically neutral and committ [...]

Baltimore SunHarford still opposes crowdfunding sites for school donationsBaltimore SunRaising money through online crowdfunding sites is an ideal way for teachers to find the funds to purchase classroom materials and should be restored, the head of the Harford County teachers' u [...]

Crain's Cleveland Business'Smaller' gifts can go long way for Clinic's crowdfunding platformCrain's Cleveland BusinessFor an institution accustomed to securing multimillion-dollar donations, Cleveland Clinic's latest fundraising effort has some relatively [...]

FanRag Sports (blog)Is crowdfunding women's hockey the new normal?FanRag Sports (blog)The Western Collegiate Hockey Association is a women's college conference founded in 1999. In 18 competing seasons, the WCHA has won 16 national titles. Only twice has an NCAA women's [...]

League: Warriors legend Monty Betham drops crowdfunding bidNew Zealand HeraldFormer Warriors Monty Betham has pulled the pin on his quest to launch a crowdfunding campaign to buy the Warriors. With Warriors owner Eric Watson locked in negotiations to sell, Betham made a plea to league [...]

ForbesWhat Works In Equity Crowdfunding -- Insights From ResearchForbesAs we have recently celebrated the fourth anniversary of the signing of the JOBS Act into law, it is a good time to take stock of the effect that the legislature had on equity crowdfunding in the United States. It [...]

The Northern Daily LeaderThe perks and pitfalls of crowdfundingThe Northern Daily LeaderWith a few clicks, would-be entrepreneurs, artists and charities can launch a project and start crowdfunding. All they need to do is nominate a dollar goal to raise within a certain time, and list [...]

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