The music themed gaming service secured its target with backing from crowd investors and Midven.
"SoshiGames definitely had the X Factor for our crowd, and we’re delighted to be part of the Soshi Story! With the music industry seeing growth in live performances, digital streaming and merchandise, partnering this with the burgeoning mobile gaming industry is surely a match made in heaven. We were really excited to offer this opportunity to our crowd, allowing them to invest alongside Soshi’s existing funders; highly-regarded VC firm Midven."
Midven backed the Stoke-on-Trent creator of the ImPress crafting machine through its Early Advantage fund.
"The machine was quickly tailored specifically for the needs of the serious hobby crafter – it is multi-functional, robust and reliable, compact and affordable. We always knew we had a good product and our early sales success proved there is a market. This investment from Midven and private investors will give us the opportunity to grow the company, create jobs and continue to serve our enthusiastic customers."
The London-based equity crowdfunding platform secured nearly three and a half times its original target from 909 investors.
"The response to our campaign was phenomenal. It was overwhelming enough to have reached our investment target in such a short amount of time, but to have achieved almost four-times the investment backing we sought, from our own community and beyond, is astonishing. We see this as a tremendous validation of both our model and our business and we want to thank everyone who has invested for joining us on our journey."
Index Ventures and JamJar Investments backed the mobile learning company to help grow its team and product features.
"We’re playing around with some interesting gamification ideas; the hope is that we can make exam preparation just slightly more bearable for students,"
Finance Wales and xénos-syndicated angels back Laser Wire Solutions to commercialise its technology.
"LWS was supported under our High Potential Starts programme so it’s good news to hear it is reaching its potential and expanding. The investment package also highlights the range of support available in Wales to help companies grow, develop and commercialise new products and create jobs."
