Le Lézard
Classified in: Science and technology, Business
Subjects: VEN, SBS, CXP

Equity Crowdfunding Platform Startupxplore Became One of Spain's Largest Online Venture Capital Networks This Week


LONDON, Feb. 14, 2019 /PRNewswire/ -- Equity-based crowdfunding platform Startupxplore became Spain's largest online startup investors network this week as it reached a peak subscription of 14,703 registered individual investors. 

Startupxplore Javier Megías

The syndicate investment site, regulated in 2016, has channeled investment towards 28 new startup companies accounting for over ?6,5 million in overall operations. 

Some of its current shareholders are leading names within the Spanish angel investors community, including Carlos Domingo, Cabiedes & Partners, Vincent Rosso, François Derbaix, Andreas Mihalovits and institutions such as Bankinter's Venture Capital Fund.

Startupxplore aims to diversify its portfolio by continue to co-investing next to Spain's leading accelerators, including Seedrocket, Lanzadera, corporate innovation platform Plug&Play and Wayra

Some of the highly vetted companies that were able to raise funds via the platform include Lola Market, corporate travel company Triporate and glassy.pro, a waterproof wearable maker for the surfing community whose round was funded in over two hours. 

"Venture capital hasn't changed in a relevant way in the past 50 years, and we believe new spaces are necessary for companies to meet capital in current open and technology markets," explained Javier Megias, Startupexplore's CEO.   

The company's operation is authorized and regulated by Spain's National Securities Market Commission (CNMV).

Its funding success rate surpasses a 94% rate and its dealflow is powered by a tech platform that allows them to manage and analyze hundreds of companies.

"We were born to disrupt the current VC model by applying crowdfunding tech stack to Venture Capital while offering a solid revenue model to our investors," Megías stated.

Among the top capacities of the platform, Startupxplore provides its users with an intelligence and exploration service and other management software tools for their investors.

Startupxplore is targeting ?100k to ?500k seed deals and wants to help grow tech and innovative companies that have the potential to transform their industries and be market leaders.

For the immediate future, the company has decided to explore investing in further European countries without leaving the Spanish market aside, which is home to 25% of European fastest growing companies in a a secure and predictable framework.

About Startupxplore

Startupxplore is an equity crowdfunding platform that operates as a Digital VC. They launch highly curated investment opportunities in top startups to a +14K investors community (distributed across Europe), where they also invest their own money and also a lead investor with a proven track record is also investing.

Startupxplore has Europe's highest funding success rate (>94%), and leverages it's technology (investor's dashboard, dealflow analysis, shares manager, automated dataroom) to scale its operations in a cross-border fashion.

 

Startupxplore logo

SOURCE Startupxplore


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