Eco-startup Zero Co crashes crowdfunding servers as shares go on sale
Eco-startup ZeroCo broke Australia’s record with the largest crowdfunding in Australia’s history, raising $ 5 million in the recorded time of 6 hours.
Unprecedented heavy traffic – 2500 out of 3082 investors are pre-registered Crowdsourcing funding platform Birchal. Five minutes after the raise, Zero Co successfully raised $ 1 million, the fastest raise in the country. In less than 50 minutes, the emerging startup was the fastest in Australia, raising $ 3 million.
Mike Smith, the founder of Zero, said:
“We want to grow this business by expanding our product range, expanding our business, launching globally and eliminating disposable plastics from all kitchens, laundry, and bathrooms. I am. “
Prior to the Crown Funding campaign, the company also secured a $ 6 million investment from global investment firm SquarePeg.