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.
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The Milli Majlis of Azerbaijan has adopted a law establishing the legal and regulatory framework for equity and debt-based crowdfunding. The legislation sets requirements for platform operators, outlines state oversight, and aims to improve access to alternative finance for startups and SMEs. The Central Bank is authorized to issue further regulations, and the law will take effect six months after publication.
Hatzola Northwest has purchased a new site in north-west London after an arson attack destroyed its ambulances. The acquisition was made possible by a crowdfunding campaign that raised £3.2 million within two days. The funds will support the purchase and future construction of new premises. The site will be temporarily leased to Kosher Kingdom, and the government has provided additional support for new ambulances.
Femtherapeutics has been named the Grand Prize Winner of FrontFundr's inaugural Back the Next Canadian Startup Challenge. The company will receive a complimentary equity crowdfunding campaign on FrontFundr, valued at approximately $13,000, enabling it to raise capital from its community and FrontFundr's investor base. The competition highlighted innovative Canadian startups and promoted community-driven investment.
Birmingham Brewery Company has closed its crowdfunding campaign on Republic Europe, raising £309,353 from 197 investors and exceeding its £300,005 target. The funds will support growth in production, product development, and market expansion. The brewery, known for gluten-free and alcohol-free beers, reported strong revenue and sales growth in FY25.
Australian skincare brand Frasé Skin raised $1.2 million from 535 investors through an equity crowdfunding campaign on OnMarket. The funds will be used to expand operations in the US and invest in marketing, inventory, and team growth. Around 30% of investors were existing customers, and the brand has seen strong sales growth since its 2023 launch.
English rosé producer Folc has raised over £1m from 246 investors in a crowdfunding campaign on Republic Europe, exceeding its initial £650,000 target. The company, founded in 2020, has experienced strong sales and rapid revenue growth, with shares offered at £18.95 each for 19.2% equity. The campaign is set to close soon as Folc continues to expand its market presence.
Lit Motors has finalized its Balance Control System and advanced the X-1 prototype, supported by a successful Wefunder equity crowdfunding campaign that raised over $1.6 million. This funding contributed to a 61% increase in pre-orders, now exceeding 1,500 vehicles. The company is preparing guided roadshows and live test drives to validate market demand.
Community radio station TBC has started a crowdfunding campaign on Givealittle to finance the construction of a new permanent studio in Auckland. The campaign aims to support costs related to the move and studio build, ensuring continued broadcasting and community events. Donations are accepted via Givealittle, Ko-fi, and at fundraising events until July 18th.
Xiaomi has introduced the Mijia Smart Tea Bar Pro, a multifunctional tea station, on its Youpin crowdfunding platform. The device features rapid water boiling, a touchscreen, voice assistant integration, and a sterilization compartment. Official sales are set to begin on July 20, with a reported price of around $150. The product targets both home and office users seeking automated tea preparation.
Senator Todd Young has introduced S. 4943, the Outcomes-Based Financing for Students Act, which would establish federal rules for income-based student financing arrangements. The bill sets consumer protections, disclosure requirements, and limits on state regulation. It also addresses tax treatment, bankruptcy, and credit reporting for these products. Several fintech companies could be indirectly affected by the proposed changes.
Azerbaijan is set to make income from crowdfunding tax-free, according to Elmin Mammadov. This regulatory change aims to encourage the use of crowdfunding platforms in the country. Details on implementation and scope are yet to be clarified.
Xiaomi has launched the Mijia Monitor Light Bar 2, featuring a wireless controller, through a crowdfunding campaign. The campaign allows early supporters to back the new product before its general release. Details on pricing, features, and campaign duration are provided to potential backers.
