BIRCHAL COFOUNDER & CEO MATT VITALE
Crowd-sourced funding markets - July 2023
Record-breakers and resilience in the face of economic headwinds were uncovered in the year's crowd-sourced funding annual Funded! Report FY23, explained Birchal Cofounder & CEO Matt Vitale, with highlights including a quarter of all deals raising $1m+ and the top three raises all setting new records. He explained the momentum has carried into FY24.
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LINE HYDROGEN FOUNDER & EXEC CHAIR BRENDAN JAMES
Line Hydrogen preparing to become second CSF success to IPO
Driven by a vision to replace the unsustainable use of diesel in transport and power generation with clean green hydrogen from facilities powered by renewable energy, the company first gained strong equity crowdfunding support, and is now set to IPO later this year.
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UPPAREL FOUNDER & CEO MICHAEL ELIAS
From world's first sock take program to leading textile recycler in Australia & NZ
Upparel founders Michael and Tina Elias were bothered by fashion waste, so launched Manrags to reclaim socks. Today, known as Upparel, it is biggest textile recycler in the country and has just launched another world first with Uptex, a textile product that has multiple applications including packaging, construction materials, signage and more.
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MEDIGROWTH FOUNDERS ADAM GUSKICH & TODD McCLELLAN
Medigrowth is bringing medical cannabis to the mainstream
Medigrowth has seen a 2800% increase in revenue in the past year from its Australia-wide supplier and distribution operations, as well as providing access to prescribing doctors via its own cutting-edge telehealth platform, Haiku Health. Currently raising funds with Birchal, to focus on further clinical trials and growing distribution.
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SPROUT ORGANIC FOUNDER & CEO SELASI BERDIE
Ex-NRL player creates first certified organic and plant-based infant formula
Former NRL Selasi Berdie struggled to find vegan baby formula for his son, so has launched his own plant-based infant formula for parents who refuse to give their kids animal products. Now raising funds with Birchal to expand the range to provide plant-based alternatives for all ages of development.
