Gamechanger and innovator of the garden, Gardenstuff, breaks the (psychological) barrier at €100k. And has now completed the round of equity crowdfunding at €140k and an overfunding of 280%.
The team (see picture) has done an excellent job of presenting, explaining and convincing the 35+ investors who are on board.
The campaign on the Opstart platform has closed officially, and finally, on May 14th. No extensions were planned, or necessary. The funding received from the investors and investment funds who trust the startup, are adequate for the ambitious plan we have been presented. And which we have approved, as founding investors in Gardenstuff.
Founder Francesco Tirinnanzi has the backing, now, to bring his team and the company to the next level.
The new financial standing of the company with the updated equity asset statement will put Gardenstuff on the map as the financially most solid start-up in the gardening sector.
This is, and will facilitate, the dealings with banks and financial institutions, who are ready to finance the development of the firm. With long term, low interest loans, to finance the required working capital.
So, the last piece to complete the puzzle is there, and nothing to stop the full layout of opportunities at Dubai 2020 Expo with the vertical garden ELIot. World Expo where Gardenstuff is presenting as the sole Italian startup selected for the Italian pavilion. Endorsed by Regione Lombardia and Politecnico di Milano.
The closure of this round is the stepping stone for everything mentioned in the growth plan which has been published. Watch this (garden) space!
Gardenstuff has been mentioned by AIFI, in this link, it is the Italian Association of Private Equity, Venture Capital and Private Debt.