The Latest Crowdfunding News – 3/2/16

Crowdfunding News – All The Latest Updates

Hi guys and welcome to our fortnightly crowdfunding news edition, as usual we will be covering an array of interesting crowdfunding topics from around the world as well domestic news. If you missed our last edition, you can catch up here.


Axol Biosciences Smashes Its Crowdfunding Target

Axol Bioscience

In our very first crowdfunding blog of 2016 one of the stories we covered was on the biotech industry turning to crowdfunding. We thought we would cover another biotech story since it was announced that Cambridge based firm Axol Bioscience has officially smashed its crowdfunding target.

The biotech firm has already pledged £656,000 to its’ campaign on local crowdfunding platform SyndicateRoom. The campaign doesn’t end until the 28th of February and the company is now over-funded up to a total of £1million according to Cambridge News.

So what does Axol do exactly? In a nutshell they make stem cell-derived human cells for use in medical research. Their team of scientists create the stem cells from human blood and skin cells which can then be turned into heart, brain and blood vessel cells for testing new drugs, they hope by applying this approach, it can slash costs for pharmaceutical companies.

Abcam (another biotech firm from Cambridge) founder Dr Jonathan Milner who has pledged £400,000 to the crowdfunding campaign told Cambridge News that “I’m really excited by what the future will hold for Axol due to the colossal market opportunity we’re addressing and how well Yichen (company CEO) and his team have been delivering our plans.”

He goes on to say that initially he intended to invest £200,000 but as he previously mentioned about the colossal market opportunity, he doubled his investment in the biotech firm.

Axol continue to go from strength and have recently hired Professor Chas Bountra to its advisory board.

Professor Bountra will use his array of contacts to help Axol build strong links with the public and private sectors respectively.

Image Source : Cambridge News

An Insight Into First Equity Crowdfunding 2016 Deal In Australia 

Australia Equity Crowdfunding

A global student support platform has raised more than $675,000 through VentureCrowd in the first equity crowdfunding deal in Australia for 2016 according to Start Up Smart.

Zookal, which was founded in Sydney and is now based in Singapore, has raised well over its $500,000 target on the crowdfunding platform. The startup provides a platform offering a variety of services and products for university students.

The campaign has only a couple of days left and has raised $675,000 from 15 wholesale investors, which in total values the company at $US20 million.

Currently in Australia, equity crowdfunding is restricted to what is deemed as a ‘sophisticated investor’ with a net asset of $2.5 million or have an aggregated gross income for each of the last two years of at least $250,000.

The Australian government  revealed its legislation to loosen these restrictions by the end of the year as Start Up Smart mention in their equity crowdfunding article. The legislation places a cap of $5 million on companies who to choose to follow this particular path, plus a $10,000 cap on the amount a retail investor can pledge.

Last year the Labor Party in Australia withdrew its support for the bill as they strongly felt that the startup community had been dealt a “great disservice” by it.

VentureCrowd’s Luke Fay mentioned to Start Up Smart that he hopes the  Australian government will consult with those impacted by the reforms, he stressed that successful campaigns won’t come to a halt as a result of the legislation.

If you would like to know about this story visit Zookal’s site here we also recommend reading OzCrowd’s brief blog post on Equity Crowdfunding in Australia.

Invest In Your Favourite Football Players And Clubs

football investment

Israeli fintech startup Football Fans Marketplace (FBFM) is using crowdfunding for footy fans to feel closer to their players and their clubs.

Israel 21c mention that the online marketplace will allow fans worldwide to invest in their favorite players and clubs. The platform,, is now open for early registration of fans and European clubs that meet FIFA and UEFA conditions and are expected to yield high returns for investors.

Users can build dream football teams, track the teams’ progress and support players and clubs by offering them low-interest long-term loans managed through the platform and really brings fantasy football to an entirely different playing field.

Unfortunately at The House Crowd we can’t help you invest in the latest wonder kid who has been dubbed ‘the new Sergio Agüero’ however, we can offer you at our very own Manchester guides (North and Central) and an ideal place to experience world class football!

You can read more about Football Fans Marketplace here.

Image Source : Israel 21c

Making Manchester Shiiiiiine With Community Energy

manchester crowdfunding

Eighteen organisations from the city have joined in unison to launch Community Energy GM – a project aimed at lighting up the city with community-owned solar power.

Following the recent floods in the North West of England, the issues of climate change and fuel poverty have once again crept up in the news. The project is raising funds for 20 buildings to get brand new solar rooftops – powering their community activities and strengthening ties with local neighbourhoods.

The solar power project was created by the Greater Manchester Centre for Voluntary Organisations (GMCVO) and climate change charity 10:10.

Interested in the project? If so, you can find more information on the project, including how to make a donation from £5, at


Shacky Tiny House Startup Supports Aussie Farmers

Shacky Tiny House Crowdfunding

We return once again to Australia and this time look at Shacky introducing holiday tiny houses to rural Australian properties to offer farmers an added source of income.

Twenty-five year-old Dutch native Joep Pennartz founded Shacky­­ after moving to Australia last year and learnt about the hardships being experienced by local farmers.

Pennartz told that the sheer financial stress from decreasing farm income leads to rising depression rates, an ageing farmer population has left rural farmers to leave their land.

The idea of Shacky project is to position tiny houses on rural properties, allowing farmers to generate income from renters who lease the space as holiday accommodation.

The first Shacky house will be located on the Tarndie Farm in The Otways in Victoria and the crowdfunding campaign will run from February 17 to March 28 where people can pledge funds towards the business via the Pozible crowdfunding platform.

For more information on the Shacky houses click here.

Image Source :


What Are Your Thoughts?

Which of our chosen crowdfunding stories has interested you the most? We would love to hear from you, feel free to leave us a comment on our Facebook and Google Plus pages. If you prefer to tweet us, tweet @TheHouseCrowd.

In the meantime if you want to know more about Property Crowdfunding do register for our Information Pack which will tell you all about it. 

Register Now For More Information

The Latest Crowdfunding News – 9/1/16

Crowdfunding News – All The Latest Updates

Happy New Year guys and welcome to our first crowdfunding news edition of 2016! This year will no doubt be bigger and better for crowdfunding as many people take a closer interest in what is happening in the crowdfunding world and how the industry works.If you missed our last blog post, we mentioned some key predictions for this year, which you can view here. As usual we look at an array of stories and today look at crowdfunding in the biotech industry to looking at crowdfunding site Crowdjustice which recently caught our attention.


Biotech Industry Turns To Crowdfunding

biotech crowdfunding

As we know, crowdfunding has taken off in a wide range of sectors as an alternative to traditional finance.

In the past two years biotech and other medical based companies have raised funds via crowdfunding platforms such as Crowdcube, Seedmatch, and Syndicate Room.

Companies such as Apta Biosciences have raised £2.8 million from using Syndicate Room and Cambridge Nutraceuticals (which is developing a “tomato pill” containing powerful antioxidants from tomatoes) has raised over a million on their crowdfunding project.

According to The Financial Times, advocates believe crowdfunding can help tackle the shortage of finance that has long hindered UK biotech start-ups — a problem often blamed for Britain’s relatively poor record in turning its world-class science into commercial successes. (, December 2015)

The chief executive of Syndicate Room, Goncalo de Vasconcelos mentions that his platform looks at the more sophisticated investor and just like us, offers a minimum of a £1,000 investment.

One Biotech entrepreneur mentioned that crowdfunding allowed angel investors to harness more funds than they could alone while allowing smaller investors to “tag along” with more experienced entrepreneurs.

If you have an interest in biotech and crowdfunding, we recommend this recent article by Business Weekly on Cambridge based biotech company Axol Bioscience.

Image Source : FT



An Insight Into Nordic Crowdfunding

nordic crowdfunding

Last year crowdfunding became a normal way to kickstart a company for Nordic entrepreneurs and in addition to locals also investors from across the world have invested in Nordic crowdfunding projects.(Artic Startup, January, 2016)

Countries such as Sweden and Finland have been early adopters and there has been a lot of interest from overseas when it comes to Nordic Crowdfunding, particularly its tech scene. What is even more interesting is that the majority of top Nordic crowdfunding projects are not tech startups.

Last year’s top firm from Scandinavia was NOA Relaxation, a company that specialises in a natural beverage that reduces stress and increases focus, something which could eventually replace energy drinks. The Swedish firm raised 1.68 million euros from 314 investors on FundedByMe and the original campaign that took place last year was so successful that they closed it early and raised more capital here in the UK and also in The States.

In addition, another Swedish firm also had a successful year, Pugz, which raised 1.32 million euros for its wireless earbuds which can be charged from the phone.

So what’s down to crowdfunding success in Scandinavia? FundedbyMe carried out research based on various factors that influenced crowd investor decision making and their impact on the outcome of campaigns.

Companies that provided robust market statistics were 30% more likely to achieve a successful outcome that those who didn’t. Similarly, those who provided reliable financial forecasts boosted their chances of success by 37. (Forbes, August, 2015).

It could be also inferred that in Scandinavia businesses have a tendency to have very high levels of transparency which reassures investors during the crowdfunding process.If you would like to know more about crowdfunding the Nordic way we recommend reading this Forbes article.


A Crowdfunded Stadium Is Coming To The Motor City

detroit soccer crowdfunding

Detroit City Football Club, a semi-pro team from the Michigan city are crowdfunding between $750,000 and $1 million for their very own 6,000 seater stadium.

Altogether, the campaign — dubbed “the largest community-financed project in U.S. sports history” — stands in stark contrast to the development of the new NHL Red Wings stadium just five miles away, which has had a process more secretive, top-down and out-of-touch with local residents. (Next City, December, 2015).

City expects to open the 2016 season in May with the first phrase of construction completed. At the end of May they play non-league side FC United of Manchester who are owned by a community of supporters and have adopted a similar model to Detroit City.

At The House Crowd we unfortunately can’t help you invest in your very own crowdfunded football stadium but we can can offer you an array of investments that are not too far away from various northern football grounds, click here for more info.

Image Source : Next City



Crowdfunding green home decor in Gaza

gaza crowdfunding

Despite the ongoing unrest and political turmoil in the Gaza Strip, many young people are staying positive and are trying to make a difference in the troubled region.

Antika, an interior design project in Gaza (named after an antique in Arabic) encourages people to recycle waste material and turn it into something decorative for their homes.

Palestinian architect Doaa Kamel started a crowdfunding campaign on Zoomaal to turn her idea of combining interior decor and environmental responsibility into a reality that can reach more people in her community. (StepFeed, December, 2015).

Kamel and her team of designers strongly believe that small changes in the surrounding environment can make a big difference to people’s lives and help to change mindsets; they believe in the power of simple acts such as painting a bedroom a different shade or changing and creating new living room furniture can create joy and hope for Palestinian people and take their minds off the ongoing political turmoil in the region.

They also plan to spread their recycling ideas by setting up workshop sessions to motivate and inspire their local community and to also encourage young people to use environmentally responsible methods in order to create opportunities for economic growth in the troubled area.

If you have an interest in this particular topic we also mentioned about a Palestinian crowdfunded project in a past blog post, you can read more about Crowdfunding Solar For Palestine.

Image Source : StepFeed

Justice For The Crowd

crowdjustice crowdfunding

Our final story of the day comes from a crowdfunding story of the day comes from a site we recently discovered called Crowdjustice.

As you’ve probably already guessed, at The House Crowd we have a passion for crowdfunding and the whole concept of the crowd coming together for the common good whether it involves the likes of start-ups, property, inventions or community projects (pretty much anything!).

We really like the concept behind Crowdjustice, if you have a particular issue that might require legal action, and it affects your community, the platform can crowd together like-minded people to try and protect their particular interests.

So how does this work? They pool together various resources and each specific person can contribute by bringing their very own expertise to the table.

A case that caught our eye from Crowdjustice was Clause 24 – in a nutshell, Cameron et al., believe that it makes complete sense to tax property owners on that part of the rent that has been paid to the lender as mortgage interest.

Crowdjustice are therefore putting together a case against Clause 24 and need your help, if this something of interest, you can get involved here.

What Are Your Thoughts?

Which of our chosen crowdfunding stories has interested you the most? We would love to hear from you, feel free to leave us a comment on our Facebook and Google Plus pages. If you prefer to tweet us, tweet @TheHouseCrowd.

In the meantime if you want to know more about Property Crowdfunding do register for our Information Pack which will tell you all about it. 

Register Now For More Information


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