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SeedBlink, the European co-investment platform, gets licensed under the ECSPR by local authority
The first CEE alternative investment platform to be licensed. The ECSPR protects investors through an external audit, regulates the information they receive and allows platforms to develop secondary markets. The platform attracted over 63,000 individual investors from 73 countries and has a portfolio of 255 funded European companies. The platform has already mobilized over €145 million in startup investing.
Bucharest, November 7, 2022: SeedBlink, the co-investment platform for European startups, has received license from the Romanian Financial Supervisory Authority (ASF) as a provider of crowdfunding services under ECSPR (European Crowdfunding Services Providers Regulation), to strengthen its operational framework and pursue its European strategy.
This makes SeedBlink the first CEE alternative co-investment platform authorized under the new regulation. At the European level, only 4 other platforms have received this license from local jurisdictions (with only two of them including equity), operating mainly in Western Europe: Spain, Latvia, the Netherlands and France.
"A new, safer stage for pan-European investments has begun. Our ambition is to continue to support tech startups and scale-ups and contribute to the development of Europe as an innovation hub with the help of private investors from across Europe. The authorization is a step forward for our company and further proof that we want to strengthen the entrepreneurial environment and protect investors as efficiently as possible," says
Andrei Dudoiu, Managing Partner of SeedBlink.
Under ECSPR, a licensed platform must comply with several measures to protect investors. One of these measures is the Key Investment Information Sheet (KIIS) that each startup must prepare for each crowdfunding offer. It must include the risks of investment and focuses on important information about the project owners, investor rights and fees, and the types of instruments offered.
According to the regulation, crowdfunding providers are allowed to establish a secondary market where investors can resell their crowdfunded investments, through bulletin boards where buyers and sellers can find each other.
"We have started to apply for accreditation in the jurisdictions of the EU member states to obtain a European passport. SeedBlink offers investors the opportunity to safely invest cross-border in startups with European DNA, along with the strongest network of business angels and VCs. In addition to a clear protocol, the accreditation increases our capacity for co-investments with an investment between €100,000 and €5 million," says
Carmen Sebe, CEO of SeedBlink.
SeedBlink is a specialized technology investment platform launched in 2020 that enables individual investors to invest in leading European startups and scaleups alongside established institutional investors.
In 2022, SeedBlink consolidated its infrastructure and expanded its presence in Central and Eastern Europe and Benelux to innovate on a European scale. The platform has already mobilized over €145 million euros in startup investing, attracted over 63,000 individual investors from 73 countries and has a portfolio of 255 funded European companies.
Rounds completed through SeedBlink have over 200 key investment partners including VCs and institutional investors, family offices and business angel groups, both locally and internationally.
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About SeedBlink
SeedBlink is a tech-specialized venture investment platform that enables business leaders to fund top-tier European tech startups and scale-ups alongside established institutional investors. SeedBlink’s mission is to build an efficient investment infrastructure for individual and institutional investors to work together to fund innovative European technology companies.
The platform has already mobilized over €145 million euros in startup investing, attracted over 63,000 individual investors from 73 countries and has a portfolio of 255 funded European companies. SeedBlink users have participated as co-investors include FlowX, Dronamics, Hunch and Druid AI. In less than 3 years, some investors have already recorded liquidity events with returns ranging from 2.5 to 4.75 times their investments, through the recently launched pilot of secondary market.
PublishedNovember 07, 2022
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Tudor Goicea
Co-founder of Aqurate
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As a startup founder, I am happy to witness SeedBlink’s dedication to expanding their support for early-stage companies beyond funding, towards a healthy equity management via Nimity. A solution to help better navigate relations with stakeholders, employees and future investors is needed in Europe. Less admin work and bringing transparency to the cap table are immediate benefits I was able to test.
Delia Iliasa
Managing Partner
SanoPass
SeedBlink is a transparent solution that connects entrepreneurs with great business plans, with investors, at different stages in their development. It is a great tool for us, a democratization of access to funding, I would say.
Ioan Iacob
Founder
FLOWX.AI
We really loved the SeedBlink journey. We reached our fundraising goal within hours of launching. About 100 investors joined our vision and invested almost $2 million in FLOWX.AI through the Private Deal Room. At the same time, working with SeedBlink to prepare for the funding round was an excellent exercise for our entire team, and we received and felt the support from the SeedBlink team members who took on an advisory role.
Dan Vidrașcu
CEO
VOXA
SeedBlink made the (investment) process run smoothly. We appreciate all the support SeedBlink's professional team has provided.
Tinu Bosinceanu
Founder and CEO
Upgrade Education
It's important to look for and choose a platform that you resonate with, that shares your mission with, a platform & its people with which you feel you can have good working relationships. we got an excellent relationship going forward; we talked a lot and we were in touch on a lot of matters and I think this was important. Having people who believe in your idea is of great help.
Kimmo Rytkönen
Founder and CEO
Income
Running the financing round was like any other fundraising; we had to be active in our community as well as in SeedBlink's investor community. After the launch, everything happened very quickly, and SeedBlink organized several pitch events for investors, which we found very useful for the round momentum.
Svilen Rangelov
Founder and CEO
Dronamics
We immediately clicked with the SeedBlink team as their fundraising expertise was immediately obvious and their no-nonsense approach really appealed to us. After all, fundraising is only a means to an end, and we liked how the SeedBlink team was really focusing on supporting us and on getting things done.
Mihai Darzan
Founder
Procesio
Our main expectation has been to raise the amount we were aiming for, and both rounds launched on Seedblink exceeded our targets, so we’re very happy with that! Even though the launched funding campaigns have been purely crowdfunding rounds, we are thrilled to actually receive extra support from some of the investors, who have chosen to get involved and help us generate product awareness, whenever they can.
Catalin Mester
Founder
Voxa
I am recommending SeedBlink without hesitation, to every founder that raises capital, especially early-stage tech startups. SeedBlink is a crowd investment platform that will also provide their startup with visibility, for Angels and VCs.
Dragoș Iliescu
Founder and CEO
Brio
In the early stages, we have been funded by several early (angel) investors, and one and a half year ago through an equity crowdfunding campaign on SeedBlink. Of course, this impacted our growth in many positive ways, partly due to the cash influx that, evidently, was sorely needed, but in a larger part due to the fact that our responsibility towards our shareholders has become more stringent and explicit, becoming embodied in our market approach.
Costin Tudor
Co-founder and CEO
Undelucram
Given the accelerated growth we observed at the end of last year and the beginning of 2021, we want a new capitalization, quickly. This is a bridge round that we will use for one year, and the advantages that SeedBlink offers are the speed at which we were able to list for financing and the experience that we gain as a result of this public listing, similar to a listing on the stock exchange.
Diwaker Singh
Co-Founder & CEO
Crikle
As a platform that only serves technology ventures, SeedBlink can connect the start-up with more than just money. SeedBlink investors are primarily technocrats who understand the objectives of the fundraising company and are also able to post-funding contribute with business opportunities. The minimum investment threshold, and technology focus, differentiates SeedBlink from other fundraising platforms. A perfect fit for a technology start-up seeking intelligent funding.
Florin Stoian
Co-Founder & CEO
Milluu
SeedBlink boosted our brand exposure and facilitated the financial support we were seeking. Having a campaign on the platform allowed us not only to meet a team of professionals - that guided and helped us prepare the necessary materials - but also opened doors for increasing our brand awareness and have discussions with VCs & angel investors we have never reached before. This campaign gave us the encouragement we needed to push the product further, while the record-breaking fundraising (only 2 hours from the launch of the campaign!) was a great confirmation that our product is needed in this market and that we should continue innovating.
Raluca Jianu
CEO & Co-founder
Epic Visits
SeedBlink has created a vital ecosystem for startups at the beginning of their journey by equipping entrepreneurs with expertise, encouraging honest and sometimes uncomfortable but necessary discussions about risks and vulnerabilities through a suite of tools, and facilitating connections with investors who share the founders' vision and can contribute to their success. I have greatly appreciated the constant support of Eric and the entire team at all stages of the campaign. Thank you so much!
SeedBlink S.A. is registered in the Register of the Romanian Financial Supervisory Authority (ASF), under number PJR28FSFPR/400001, as of 03.11.2022 with an EU passport as per European Securities and Market Authority (ESMA) register of crowdfunding services providers.
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