Home topics news Image Credit: Funding.com on Facebook News Weekly Funding Roundup News Funding roundup April 4 – April 8: Proptech innovator launches crowdfunding campaign, and Australia’s equity crowdfunding industry sees an annual increase of 89 pct Yajush Gupta April 8, 2022 Dynamic Business brings you the key startup fundraising rounds from this week: Equity crowdfunding industry booms with an 89 pct increase Australia’s crowdsourced funding industry has kicked off 2022 with unprecedented funding volumes for the three months ending March 31, traditionally the quietest period for the CSF industry. Total funding volumes surpassed $10 million, an 89 per cent increase over the same period last year. This performance contrasts sharply with the sluggish start for the broader equity capital markets, which, according to data published by Refinitiv and reported by the Annual Financial Review, saw a 58% decline in funding volumes for the three months ending March 31, 2022, compared to the same time last year. MA Financial Group managed fund back Funding.com.au in debt and equity capital raise Funding.com.au (Funding) has completed a $37.5 million debt and equity raise, securing a fund managed by ASX-listed MA Financial Group Limited (MA Financial) as its first institutional debt investor alongside EVP, its anchor venture capital investor. The senior debt facility, provided by an MA Financial-managed fund, will be used to diversify Funding’s capital base and allow the company to scale its short-term mortgage finance operations. Aussie creatives and serial entrepreneurs band together to back founders shaping culture Side Stage Ventures

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