Your go-to source for the latest crowdfunding news. We track industry trends, platform updates, regulatory changes, and success stories — so you always know what's happening in the world of crowdfunding. New updates published daily for investors and project creators.
918 news
Beijing police have launched a criminal investigation into several CreditEase-affiliated companies over suspected illegal activities. The notice says key individuals are under compulsory criminal measures and urges investors to cooperate with evidence collection. The article also notes CreditEase previously ran P2P lending products and recently began an orderly wind-down affecting about RMB 30 billion.
CapBay welcomed Malaysia’s RM270mil expansion of co-investment funds for P2P financing and equity crowdfunding. The article says the measure builds on MyCIF and CoSIF, which support SMEs through SC-regulated platforms. It also notes CapBay has disbursed over RM6.1bil since 2016 through more than 45,000 financing notes.
Malaysia’s 2027 budget includes MYR270 million to support SMEs, mid-tier companies and social enterprises through equity crowdfunding and P2P platforms. The government also extended income tax exemptions for individual investors using ECF platforms and angel investors in early-stage tech startups until Dec. 31, 2030. The speech also outlined broader startup and semiconductor funding measures.
LaserCyber's first laser welder has raised over $1 million on Kickstarter. The Shenzhen company also completed a financing round of tens of millions of yuan from Qigao Capital and Weixi Venture Capital. Its L1 series targets overseas small workshops and makers with AI-assisted welding, cutting and cleaning features.
Mogul has closed a $15.5 million Series A round led by Draper Associates. The real estate investing platform says the capital will support its AI-powered services, hiring, and expansion of its property portfolio. It also reported more than $110 million invested in real estate since launch and over 50,000 investor sign-ups.
House of Leyla in Gravesend has launched a crowdfunding campaign to raise £25,000. The money would fund heating upgrades, specialist equipment and expanded health and wellbeing programmes. The business says rising energy costs and a cold building are threatening its ability to operate through winter.
Students are increasingly using GoFundMe to cover unmet college costs after recent federal aid changes. The article says tuition and other college-expense fundraisers on the platform rose by more than 20% over the past year. It also notes that many campaigns do not reach their goals and that success often depends on the fundraiser's network and demographics.
Steamforged Games is facing growing criticism from backers over slow updates and unresolved refund requests on several crowdfunded projects. The company has cut staff and shifted focus toward Warmachine, while nine campaigns remain undelivered and some backers have turned to chargebacks and PayPal disputes. Concerns have also been raised about the company’s communication and financial position.
A study of more than 63,000 Kickstarter campaigns found that disclosing AI use was associated with lower odds of reaching funding goals. The analysis covers campaigns launched from January 2022 to December 2024 and spans Kickstarter’s AI disclosure requirement introduced in August 2023. The article argues that transparency can create a credibility gap when backers cannot judge execution from polished materials alone.
Innergex has opened a EUR 5 million crowdfunding round for a solar project in France. The campaign is tied to a specific renewable energy asset rather than a platform update. The available text does not provide further details on the hosting platform or funding progress.
South Korea's P2P lending industry surpassed 2 trillion won in outstanding loans by the end of June. The article says the sector grew 86.6% year on year, but several operators posted losses and negative equity. It also notes regulators are considering tighter rules and stronger protections for users.
SOLORO launched its Flower of Life Orgonite Pendant on Kickstarter on October 1 and reached its initial funding target in less than 12 hours. By the first 24 hours, pledges had reached about twice the original goal. The campaign supports the brand's handmade jewelry line and introduces a new precious-metal pendant design.
