Crowdfunding

31 stories

While companies like 3DR, DJI, and Parrot all sell drones for less than $1,000, Helen Greiner, the founder of CyPhy Works, believes her company has designed the ultimate drone for consumers who want to shoot aerial photos and videos and easily share them with friends. The Danvers-based startup is launching a crowdfunding campaign today to see if consumers agree, aiming to raise $250,000 to green-light the production of a $500 drone called the LVL 1. She expects to begin delivering the new aircraft in early 2016.More →

Brian Thopsey acknowledges that when it comes to online equity investing — investors backing startups through sites like AngelList and Crowdfunder — the data are still messy. And we haven’t yet see the floodgates open, with Regular Joes putting a few grand here and there into fledgling businesses in exchange for shares of stock. That, Thopsey says, won’t happen until early 2016. But he’s already working to build a company, Fund Wisdom, that will gather data about what’s happening on these new sites.More →

In the middle of July, two local entrepreneurs launched “crowdfunding” campaigns two days apart. They were seeking enough preorders from customers to help them start making new products. One was a sleek aluminum iPad stand called the SlingAmp, priced at about $35. The other was Jibo, a $600 robot that will be able to do things like coordinate family schedules and read bedtime stories.More →

Voiceitt, a company founded in Israel currently taking part in MassChallenge, has developed a voice recognition platform that could give a voice to the millions of people living with speech disabilities. On Monday, the company is launching an IndieGogo crowdfunding campaign to raise money for TalkItt, the company’s technology that translates unintelligible language into understandable speech.More →

This is a guest post by Lee Hower of Boston venture capital firm NextView Ventures.

The rise of crowdfunding in the last three to five years as a source of capital has been remarkable. Tech startups and potential investors have had greater access to one another than ever before, and beyond the startup world, a broad array of projects have been able to successfully seek capital via crowdfunding.More →