Pozible surpasses US $20 million and sees traction in the world’s biggest market: China

· Pozible has just surpassed US$20 million in pledges
pozible Pozible has a 56% success rate and has hosted more than 6000 projects on the platform

Just a week after its 4th Birthday, crowdfunding platform Pozible has reason to celebrate another significant milestone: having received more than US$20 million in pledges.

The platform established offices in the USA, Singapore and China over the last few months and is quickly establishing itself as the most significant crowdfunding platform in the Asia-Pacific Region, with a 56% success rate and more than US$1 million pledged every month.

Only weeks into launching in China, which has a potential crowdfunding market estimated at $50 billion by The World Bank, Pozible has hosted the third largest tech crowdfunding campaign from The Middle Kingdom: the Gyenno One smart wrtstband, which has already received more than 1 million Yuan in pledges.

Pozible’s stronghold in Australia and Asia is expanding everyday and the platform is starting to make waves in the USA.

According to The Business Spectator ‘Companies that dominate the tech lives of most Westerners such as Facebook, Google, Amazon, Twitter and eBay have made valiant attempts at the Chinese market but have only managed to gain small beachheads… Pozible made its first foray into the Chinese market late last month with the launch of its first China-based project, the Gyenno One fitness wristband. The project smashed its funding target in under a minute.’

Pozible is a truly multicultural platform that was founded in Australia with Co-Founders from China and the United Kingdom, it brings together the best of the East and West.

Since opening offices in San Francisco, Singapore and Shanghai, this has been complemented by the local knowledge of its staff, who are available to support local project creators.

In the USA, Pozible’s local team on the ground have provided assistance with several successful projects that have reached their crowdfunding target, including a Herbal Medicine campaign for the Jane Goodall Institute’s Roots and Shoots program, which recently exceeded its target of $15,000.

Shawn Sweeney from the Jane Goodall Institute, has said that he was delighted with the level of support this project received through crowdfunding.

“It was wonderful to see how many people pitched in to our first crowdfunding campaign and helped to make our Roots & Shoots’ Herbal Medicine program a reality,” said Mr Sweeney.

The Jane Goodall Institute plans to return to Pozible to run their next crowdfunding campaign next month, to make seven more episodes of Super Kodo, a TV series that focuses on environmentalism for young people in Congo.

Pozible’s US Manager Patrick Ip says that the platform is seeing a surge in the number of projects in the USA and looks forward to launching several more over the coming weeks.

“We look forward to a major partnership with an organisation that showcases the best next-gen entrepreneurs in the country, a major pizza chain’s new line and there could even be a few cheeky projects in the pipeline,” said Mr Ip.

A few US projects recently run on Pozible, include:

· Jane Goodall: Herbal Medicine A project to protect forests & traditions in West Tanzania
· Jafflechutes New York Melted cheese sandwiches delivered by parachute
· XenPorta 2.0: An addon to improve the functionality of websites
· The Papermaker’s Apprentice A New Yorker wants to travel to study papermaking

“With Pozible making tracks in the USA and China, two of the most exciting markets on the globe, there some exciting developments coming to Pozible over the next year,” said Mr Ip.

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