Germany: Investment Crowdfunding Grew by 39% in 2016
In a publication created by Crowdfunding.de, the report, entitled “Marktreport 2016: Crowdinvesting in Deutschland,” states that investment crowdfunding grew by 39% during 2016 reaching €63.8 million. Still quite small in comparison to some other countries but solid growth none-the-less.
The sector was largely powered by a sharp increase in real estate crowdfunding that captured €40.3 million growing by 92.5% during the year. Platforms like Exporo, Zinsland, Zinsbuastein, Bergfürst and IFunded closed 48 real estate crowdfunding rounds in 2016. Exporo led the group with €21.4 million in funding.
Funding for SMEs and start-ups hit €18.8 million which is approximately at the same level of 2015. Companisto led this sector with just over 50% of funding or €9.4 million in total.
Another category tracked is the energy sector that garnered € 4.8 million during last year. This sector is dominated by green projects like Solar and Wind.
The report, in German, is embedded below.