Mike Smith

Crowdfunding platform Birchal cuts staff again and ups fees in latest restructure

Birchal lifts its charges and shrinks its team under a new chief executive; the piece also recalls past raises on the platform and the collapses of Zero Co and Equitise.

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Square Peg-backed cleaning products startup Zero Co is shutting down

Cleaning products maker Zero Co, backed by Square Peg and crowdfunded via Birchal, is closing down solvent and will hand leftover funds to shareholders after failing to find a workable path forward.

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Zero Co, Ofload and Mad Paws: The startup winners of the 2022 Smart50 awards

SmartCompany names its 2022 Smart50 winners: July tops the list, Ofload ranks second after a $60 million raise, and Mad Paws, Zero Co, Code Like a Girl and Hero Packaging take out category awards.

Hear how Zero Co’s Mike Smith, Unhedged’s Saksia Albers and Her Black Book’s Julie Stevanja build revenue for their startups and think about raising

Startup Daily promotes its Money Milestones panel with SAP Concur, featuring founders of Zero Co, Unhedged and Her Black Book discussing revenue building and fundraising, recalling several earlier raises.

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Investment Notes: Zero Co AUD$6m Series A

Square Peg announces a $6 million Series A investment in Zero Co, a refillable home and personal care startup that this week set an Australian crowdfunding record, raising $5 million from 3,082 retail investors.

Yondr Money raising capital to fund expansion as a mainstream bank alternative

Melbourne neobank Yondr Money plans a capital raise to fund expansion, and reports commitments already gathered from an initial angel round; former ANZ chief Mike Smith advises the company.

2021 wrapped: a record-breaking year for fundraising and growth

Square Peg Capital's year-in-review recaps its 2021 portfolio: raises it led or joined, SPAC listing decisions, Vend's acquisition, new investment-team hires, and its newsletter and podcast output.

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Ignition Lane's Weekly Wrap: Crypto moves, the future of Facebook, VC moat gloats, Zero Co's record week

Weekly roundup reporting Australian raises including Zero Co, MOBI and CipherStash, Cashrewards' takeover agreement, Shebah's collapse, WeWork's NYSE listing, crypto regulation recommendations and SiteMinder board appointments.

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Startup Daily TV: Zero Co founder Mike Smith on his eco-startup's record-breaking $5 million crowd-funding campaign

Household products startup Zero Co set an Australian crowdfunding record, raising $5 million in under seven hours on Birchal, on top of earlier backing from Square Peg and private investors; rival Shebah entered voluntary administration.

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Zero Co's staggering $5 million crowd-funding raise was over in just six hours

Zero Co's $5 million crowdfunding campaign on Birchal sold out in six hours, breaking Australia's record, after the startup revealed a $6 million Square Peg round and an earlier $2 million private raise.

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VC Square Peg backs waste reduction startup Zero Co in $6 million raise ahead of record-breaking $5m crowd-funding campaign

Waste-reducing household products maker Zero Co secured $6 million from Square Peg Capital, with its Birchal crowd-funding target lifted to a record $5 million before opening to the public.

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As e-scooter startup Raine smashes its crowdfunding target in just 43 minutes, is Kickstarter coming back into fashion?

An e-scooter maker reached its crowdfunding goal within 43 minutes and neared a quarter million dollars, plus seed money from a venture firm, while the piece recalls earlier platform campaigns by other startups.

This startup raised $200,000 in less than a week for product scrapping single-use plastics from your spring cleaning

Cleaning-products startup ZeroCo, founded by Mike Smith and Carter, has secured seed backing of $600,000 and is running a Kickstarter campaign whose pledges have passed $200,000 toward a precise $251,313 target.

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