The Belgian startup, which has become one of the largest crowdfunding platforms in the country, is expanding into Europe. The selected markets are Poland, Switzerland, Italy, France and the Netherlands.
To achieve this international traction, the platform was adjusted on the legal and technical aspects to meet the European legal conditions so investment projects can be launched outside of Belgium at an affordable cost.
Besides the capital of 3 million euros recently raised, MyMicroInvest launched a “live” Crowdfunding campaign to supplement the required money. During an event held in Brussels, the company raised 1 million euros by interested investors, within the limited time frame of 1 hour.
MyMicroInvest develops a funding model for selected projects, which consists of a combination of professional investments on the one hand and crowdfunding on the other. Consequently, it can offer private individuals a unique opportunity to invest in risk capital, along with professional investors and business angels, enjoying the same conditions and allowing them to diversify their investment portfolio. MyMicroInvest has more than 31,000 members. Since its inception in July 2011, the platform has already raised over 15 million euros for 42 different projects