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World Bank confirms key elements of new climate action plan
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World Bank confirms key elements of new climate action plan
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World Bank confirms key elements of new climate action plan
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1. Crowdfunding scales up. Companies like
Gumroad and
Backstage Capital were ready to go this week as soon as new rules raised the cap to $5 million for “regulation crowdfunding” campaigns. Gumroad, an online marketplace for artists and creators, sold out in less than a day. By week’s end Backstage, a VC firm focused on diverse founders, had raised more than $4 million, after quickly maxing out under the old limit of $1.07 million last month.
Republic, one of the leading crowdfunding platforms, closed on its own $36 million raise. “We are at the early stages of a multi-decade super-cycle of retail empowerment,” said Galaxy Interactive’s
Savannah Fund reaches first close on Africa tech seed fund
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