14 Apr '13, 11pm

Singapore crowdfunding reaches new high with Silverline and Bamboobee campaigns

Singapore crowdfunding reaches new high with Silverline and Bamboobee campaigns

Singapore crowdfunding reaches new high with Silverline and Bamboobee campaigns April 15, 2013 by Terence LEE Singapore’s crowdfunding scene has continued gathering steam with two campaigns setting new records for the country. Silverline , a project by Newton Circus which empowers old folks with senior-friendly smartphones, has raised USD 36,000 with four days to go. Meanwhile, Bamboobee , which promises lifestyle bicycles made of Bamboo, has collected USD 39,000 with 15 days remaining. In terms of money raised, these efforts are a new high for Singapore’s crowdfunding scene. The Silverline project, first covered by SGE here , is running a flexible campaign, meaning the project will be funded even if it doesn’t hit the target amount. Bamboobee, on the other hand, will receive the money only if it reaches the goal of USD 40,000, which it should have no trouble doing. The en...

Full article: http://sgentrepreneurs.com/2013/04/15/singapore-crowdfund...

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