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Emerging Europe’s start-up scene is thriving: new money is pouring into the market all the time. To keep you up to date with the latest investments, innovations, movers and shakers, each Monday Emerging Europe brings you a handy round-up of the region’s start-ups which closed financing rounds over the previous seven days.
Romanian crowdfunding start-up SeedBlink closes three million euros Series A round, with 1.1 million euros from its own platform
Bucharest-based SeedBlink has completed a Series A round to the tune of three million euros, with more than one million euros coming from its own crowdfunding platform.
It’s a record-setting campaign for the platform, as the 1.1 million euros were gathered from SeedBlink members within only three days — and the initial target was doubled. 47 Elite and Classic members invested 550.000 euros between May 24 and 26, and on May 27, 80 people invested 550.000 euros in 20 minutes.
SeedBlink is a platform meant to democratise access to early-stage investments for investors without large amounts of money or access to institutional capital.
Since its founding in 2019, the platform has attracted over 5.000 investors from 15 countries with the total money collected through 43 campaigns reaching 18 million euros from individual investors and VC funds — 51 per cent came from crowd investing.
“With this funding, SeedBlink will have the resources to fuel its ambition of becoming the European investment platform that will shape the future of the technology startup ecosystem. Moreover, it will support the European market compete with the great tech, the USA and Asia. We thank all the investors for their support so far. We are all pioneers of a new world,” says Andrei Dudoiu, co-founder and CEO.
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