Posts Tagged ‘ Dragon Innovation ’

Crowdfunding site, Dragon Investment, Helps Hardware Startups

Crowdfunding site, Dragon Investment, Helps Hardware Startups

Dulcie Madden has spent two years developing a monitor attached to a onesie that tracks an infant’s breathing and temperature and beams the data to a parent’s smartphone. Her five-person Boston startup, Rest Devices, raised $600,000 from angel investors to build a prototype. To secure the funds she needs to manufacture her monitor, Madden bypassed better-known crowdfunding websites and turned to Dragon Innovation, a new site run by a consulting company of the same name. On Kickstarter and Indiegogo, entrepreneurs solicit donations and promise a product in return. Yet for many, raising money turns out to be the easy part. Ethan Mollick, an assistant professor…

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Hardware entrepreneurs & fees from crowdfunding platforms

Hardware entrepreneurs & fees from crowdfunding platforms

//Note: In an earlier conversation, Scott Miller, Dragon Innovation’s chief executive officer, had told me that their new site charged a prep fee of 2,000 dollars. When I connected with him later, he told me that it had been miscommunication and that the prep fee charge is 5,000 dollars// Last week, I wrote about Dragon Innovation’s new crowdfunding site. The site, which charges a prep fee of $5,000 for an assortment of services prior to a crowdfunding campaign, has drawn a mixed reaction from entrepreneurs and competitors. While the latter derided the Boston-based firm’s move as a “marketing” gimmick, entrepreneurs were curious about returns on…

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Dragon Innovation Adds Crowdfunding for Hardware, Raises $2.3M

Dragon Innovation Adds Crowdfunding for Hardware, Raises $2.3M

Dragon Innovation has helped some of the most notable names in the early stage hardware world get their products made. Now, the Boston-based manufacturing consultancy wants to help promising entrepreneurs get funded. Dragon Innovation is testing its own crowdfunding website dedicated to hardware startups, giving its clients a more customized tool for lining up pre-orders of the robots, consumer electronics, and other gadgets they hope to build. But the crowdfunding site—which Dragon Innovation plans to make more widely available in a month or so—won’t be open to just anyone. It’ll be reserved for Dragon Innovation clients who pay for early stage services like design help and cost estimates.…

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HEADLINE NEWS

ForbesHow One Startup Raised 10 Times Its Original Crowdfunding GoalForbesRunning a successful crowdfunding campaign isn't easy. The odds are heavily stacked against you, as very few end up succeeding. "Statistically, up to 89% of campaigns fail. Kickstarter has the highest [...]

ForbesThe Ultimate Pre-Launch Crowdfunding ChecklistForbesCrowdfunding is not limited to the platform where you launch your campaign. Instead, it has become a valuable way to transform your idea into a mainstream business. In order to head in that direction, you must execute a number [...]

Eater LondonFat Macy's Launch Crowdfunding Campaign to Open Restaurant in PeckhamEater LondonFat Macy's — a food social enterprise which aims to train young Londoners living in temporary housing — have launched a crowdfunding campaign. Their aim is to raise £55,141 to fund a [...]

Realnoe vremyaEveryone pools: Elvira Nabiullina to look closer at crowdfundingRealnoe vremyaThe Central Bank has seriously started fighting against crowdfunding platforms. The regulator told the gradual imposition of control of the sector won't begin earlier than in 2018. But mar [...]

Devon LiveCrowdfunding campaign launched to save adopted Romanian puppy who needs £8000 for vital surgery to save its lifeDevon LiveSam has started a crowd-funding campaign to try to help meet the £8000 cost of the surgery. It's a tall order, but every little helps. Sam had been [...]

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 [...]

The AustralianIgniteme heats up crowdfundingThe Australian“The only other comparable film that raised money through crowdfunding would be Crocodile Dundee, but not all funding came from the crowd.” Mr Morello said the idea behind the platform was relatively simple — giving new and bud [...]

UKTN8 simple steps for a successful equity crowdfunding campaignUKTNTom Horbye, senior campaign development associate at Seedrs, shares his top tips for a successful equity crowdfunding campaign. Here are eight easy-to-follow tips to help you devise and launch a successful equity crow [...]

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 [...]

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 [...]

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