2,800 crowdsourcing and crowdfunding sites
uBiome, the company that’s sequencing microbiome with the crowd’s help, has raised $4.5 million from VC firm Andreessen Horowitz and angel investors, according to TechCrunch. It’s big news for the company, which has previously received funding from 500 Startups and Y Combinator. It first caught our eye when it was looking to raise $100,000 on Indiegogo; it ended up raising $350,000.
Renewable energy seems to be a good fit for crowdfunding. Many people feel passionately about ridding the world of pollution, and renewable energy projects can go a long way in making that dream a reality. It’s hardly surprising, then, that a number of crowdfunding platforms have popped up across the world to support renewable energy. Indeed, the industry niche has become prominent enough to host its own conference in London on October 30.
In this edition: SketchFactor shows one of the downsides of crowdsourcing; enterprises increasingly turning to crowdsourcing and crowdfunding; protecting your property when making use of the sharing economy; crowdfunding real estate; and more.
Owen Andrew, a journalist with a background in ecommerce, writes in to discuss how crowdsourcing can aid the ecommerce efforts of large and small businesses alike.
Anticipating that the Finnish Financial Supervisory Agency's (FIN-FSA) new rules for equity crowdfunding will require platforms to register as investment firms, Invesdor has applied for the appropriate license. While the FIN-FSA hasn’t yet finalized this rule, Invesdor’s co-founder and CEO Lasse Mäkelä recently told us that his company was preparing for the regulatory change.
In this Crowd Coffee: GroundFloor gets $1 million in seed funding; North Carolina equity crowdfunding bill dead for now; crowdsourcing competitions and trolls; NineSigma puts out white paper on open innovation and sports; and more.
Since the passage of the JOBS Act, the prevailing mood about equity crowdfunding for the unaccredited has soured. The SEC has been working hard to draft the rules and read the comments that are coming in about Title III crowdfunding, but with leadership changes and a backlog that includes the monumental Dodd-Frank law, progress has been slow.
To commemorate its fourth birthday, Funding Circle put out the following infographic which showcases some of the key events around peer-to-peer lending in the UK, and statistics about the company and its users.
In this Crowd Coffee: three teens make an app to offer feedback on police units; Reddit asks journalists to seek permission when writing about original content; equity crowdfunding law not dead yet in North Carolina; and more.
Rose Spinelli writes in with the latest installment of her weekly column 'Rose Recommends.' This time, she helps an upcoming crowdfunding platform operator in the UK by offering advice on white label crowdfunding service providers.
Yesterday evening, the Office of the Undersecretary of Defense Policy put out a request for proposal, looking to “procure the services of a crowdsourcing entity with the capability to apply a crowdsourcing methodology that leverages a broad range of expertise.”
In this end-of-week edition of Crowd Coffee: women more likely to get Kickstarter funding than men; Samsung acquires SmartThings, a Kickstarter grad; Berlin blocks Uber; and more.
Various crowdsourcing initiatives, whether they were led by a small startup in Silicon Valley or a team of engineers working out of an esteemed university, have added to our understanding of crowdsourcing, raised awareness of its merits and shortcomings, and reinforced the notion that collective action can be highly beneficial — if it’s applied correctly. Some of the most interesting crowdsourcing work, however, has been undertaken by government agencies.
Paul Phelps, co-founder and vice president of culturebooster, a crowdfunding platform for educational purposes, writes in to discuss the benefits of running a crowdfunding campaign, and how it can help students learn the skills needed to succeed in the workplace.
In this edition of Crowd Coffee: JOBS Act filings show confused fund managers; Local Lift wants to help local businesses with their crowdfunding goals; PonoMusic crowdfunding for equity following Kickstarter campaign; how crowdsourcing affects Amazon delivery; and more.
One of the first equity crowdfunding players on the scene in Finland, Invesdor has been around since 2012. The platform claims to have 60 percent of the equity crowdfunding market share in its country, and has attracted investors from 38 different countries en route to €2.6 million raised for 20 companies. Its success is not accidental — the platform has developed a number of features and processes to help entrepreneurs and investors connect as seamlessly as possible.
In this Crowd Coffee: SEC likely to increase threshold for accredited investor; ten lessons to learn from Kickstarter's finest; innovating, with the help of the crowd; America's safety net and the 'gig economy'; and more.
The American Heart Association (AHA) has an ambitious goal: “to improve the cardiovascular health of all Americans by 20 percent while reducing death from cardiovascular diseases and stroke by 20 percent by the year 2020.” To make sure it gets there, the AHA recently launched an open innovation and crowdfunding challenge, which seeks “new innovative tools to prevent or manage heart disease and stroke.”