iCarezz creates both online physical contact and online funds, reaching its €20.000 goal capital via Symbid!

26 JULY 2012
Summary
Despite all the Internet connections, the amount of PC’s per household, online phone services and webcams, it wasn’t possible to touch each other via Internet. Until recently, that is. iCarezz changes the game by developing a contact membrane that enables online physical contact. Gaming, entertainment, family contact, health care, hospitals or educational use: everyone is waiting for the iCarezz contact membrane. And now that the goal funding has been achieved, iCarezz is ready to start developi

26st of July: Rotterdam – iCarezz believes in online: online physical contact via her contact membrane and online financing via crowd investors. iCarezz’ contact membrane responds to pressure of the user. When one user presses the membrane, the user on the other side of the application will be able to feel this pressure through her own contact membrane.

This innovative technology is being developed with iCarezz’ partner VanBerlo, who takes on the design and development phases and will support the production and testing of the contact membrane. In order to fund the first research and development phases as well as the production of the prototype, Frederic Petrignani, CEO of iCarezz, addressed Symbid’s crowd: “The beautiful thing about crowdfunding is that you receive so much more than just money. My crowd investors have advised me about usability problems, asked for price indications, how the product is going to look, have alerted me about useful information, attracted additional investors and used their own networks to spread the word about iCarezz.”

During his crowdfunding campaign Frederic Petrignani has worked in Asia for a long time, yet this didn’t provide any difficulties for iCarezz: “Because Symbid allows investors from abroad to invest (excl. U.S. based investors, red.), it has been easy to attract investors while I was abroad. In that sense, crowdfunding is very manageable with mainly online resources.”

Korstiaan Zandvliet, CEO of Symbid, is also excited about iCarezz’ successfully proposition: “iCarezz is one of the most innovative products on our platform. iCarezz managed to developed a high-tech product proposition and make it suitable and affordable for the consumer market. That means that crowdfunding in general offers the possibilities to develop innovative technologies that without crowd support never would’ve existed. It’s great that Symbid in that sense can be seen as an incubator that helps startups gather financial and additional resources that developing companies often are very much in need of.”

Quotes
"“The beautiful thing about crowdfunding is that you receive so much more than just money. My crowd investors have advised me about usability problems, asked for price indications, how the product is going to look, have alerted me about useful information, attracted additional investors and used their own networks to spread the word about iCarezz.”" Frederic Petrignani
"iCarezz is one of the most innovative products on our platform. iCarezz managed to developed a high-tech product proposition and make it suitable and affordable for the consumer market. That means that crowdfunding in general offers the possibilities to develop innovative technologies that without crowd support never would’ve existed. It’s great that Symbid in that sense can be seen as an incubator that helps startups gather financial and additional resources that developing companies often are very much in need of." Korstiaan Zandvliet
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About Symbid

About Symbid

Founded in April 2011 as one of the first investment crowdfunding platforms worldwide, Symbid is The Funding Network™, where companies get funded and grow. As a leading online funding portal for small- and medium-sized enterprises, Symbid gives entrepreneurs direct access to traditional and alternative forms of finance, while offering investors full transparency on the potential risks and returns of their portfolio. Advanced investing, monitoring and data tools ensure companies connecting to The Funding Network™ are financed in the most efficient way possible. Built around cutting-edge technology and expert financial advice, The Funding Network™ by Symbid is the go-to platform for entrepreneurs in search of funding and investors in search of exciting opportunities. As of March 2015, Symbid (www.symbid.com) has successfully funded 70 small businesses for a total capital sum of $7.5 million. With over 40 funding partners already connected – including banks, venture capital, angel investors and 30,000 private (crowdfunding) investors – the total transaction volume of The Funding Network™ in 2015 is estimated at $800 million. Symbid Corp. is a U.S. publicly listed company (OTCQB:SBID). For investor relations, please visit www.symbidcorp.com.

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