SeedBlink, the European platform for co-investing in Startups active in the technology sector, announced that it has completed the acquisition of Symbid, one of the leading Crowdfunding investment platforms at the international level.
Through the relevant agreement, SeedBlink is set to accelerate its transformation into a major Pan-European player, expanding its geographical footprint in Central and Eastern Europe, Belgium and Luxembourg, while aiming to consolidate and build the desired equity investment infrastructure at the same time for European technology companies and especially in all stages of their evolution and development.
It should be noted that together SeedBlink and Symbid have invested more than 110 million euros in at least 250 Startups, with a combined network of 62,000 individual investors.
This acquisition significantly expands SeedBlink’s pool of potential investors, increasing the “community” of individuals with high investment potential, while at the same time launching a professional network of financing partners with which it is already in “open line” and “close” cooperation Symbid and includes – among others – financial institutions, Venture Capital funds, as well as Angel investors.
Symbid was founded in 2011 by a group of Dutch entrepreneurs as one of the first Crowdfunding investment platforms in the world and has since built a community of more than 50,000 investors to Startups, especially those based or active in the market of Belgium, the Netherlands and of Luxembourg (Benelux). In its first decade of operation, Symbid has invested a total of €35 million, both in equity and convertible bonds, in more than 180 Startups, 67 of which came from the technology sector.
According to Mr. Ionut Patrahau, CEO & Head of Corporate Development at SeedBlink: “Both companies have distinguished themselves in the market by providing private investors with access to carefully selected European Startups. By extension, the Symbid acquisition agreement is considered a natural progress towards achieving the required pan-European integration. Innovation is undoubtedly driving the new economy and the combination of offerings from SeedBlink and Symbid is expected to support portfolio diversification and investment infrastructure. We will continue to be active in wider Benelux geographic region, which is still and remains a fairly strong technology region in Europe, as a result of the presence of leading technology cities, wealthy states coupled with strong government support and drive, and a well-connected and educated workforce ico. It is a unique and highly competitive offering”.
For his part, Mr. Robin Slakhorst, Founder of Symbid, emphasized: “We strongly believe that Europe needs more technological innovation, so as to increase its degree of competitiveness in the international business arena. Bold founders must be funded with sufficient funds in order to fuel these ambitions, while ensuring professional and structured access to these business opportunities is key. , a secondary market and a fast-moving network of professional investors co-investing with individuals across Europe”.
Going forward, the Symbid team will continue to lead investment efforts in the Benelux, with its investors benefiting from new growth and profitability opportunities emerging there, as well as gaining unfettered access to pan-European investment opportunities through greater coverage and resources.
Source: Capital
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
