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Home / Biz updates

AngelCrunch, a bridge between entrepreneurs and investors

Updated: 2015-03-25 (chinadaily.com.cn)
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AngelCrunch is an online platform that connects startup companies and angel investors.

It launched an LED screen for entrepreneurs to display information and promote their businesses in Zhongguancun, a technology hub in the Haidian district of Beijing, in early January 2015.

Many entrepreneurs can debut their products on the screen, which is hailed as China's "NASDAQ screen".

AngelCrunch is China's first crowdfunding platform that launched rules for angel investors.

By October 2013, AngelCrunch has helped raise about 250 million yuan ($40.29 million) for more than 70 projects. The platform has 8,000 registered entrepreneurship projects, over 1,000 listed companies and more than 22,000 members.

Not only does AngelCrunch help entrepreneurs find funds quickly, but also helps them to grow up fast.

Entrepreneur Qin Min launched a program last year and acquired its first round of financing worth 3 million yuan on the platform in a very short time.

"In the past, entrepreneurs try to acquire investment through participating in different exhibitions, meeting investors and grasping every chance to express their ideas. Now, investors come to them for fear of missing out on a good idea or product," said Lan Ningyu, the CEO of AngelCrunch.

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