Freshlabels looks to raise €800,000 through crowdfunding on the Crowdberry platform

A chance to invest in a strong e-commerce brand with a sustainable footprint while joining renowned investor names like Thomas Archer Bata, the great-grandson of Tomáš Baťa: this is a true Bata-like opportunity brought to you by the Crowdberry platform. Freshlabels, a retailer of designer and sustainable fashion, wants to raise as much as €800,000 via the platform. The investment will be used to increase inventory and expand, leading to increased sales and overall company growth of this Czech love brand. The yield on the investment will be 11.2% per annum on the first tranche with semi-annual payments. Crowdberry intends to replicate the success of the investment campaign for the Slovak music festival Pohoda, which raised €500,000 from Crowdberry investors. And Investors are already showing huge interest in this new opportunity, with more than €200,000 pledged in just a few days.

“Using local capital financing, we now have the opportunity to keep the value created on home turf and support the growth of established local brands. After many successful years of equity financing, which our investors as co-owners of companies and real estate have benefitted from, we have launched private debt financing in the Czech Republic, with companies repaying the investors in semi-annual payments as interest income," explains Dano Gašpar, managing partner of Crowdberry.

“The thinking behind it is that we focus on established companies, so investors can finance in a similar way to banks. The investment principle is that investors receive adequate remuneration for the risk, proven security and complete information so they know what the company will use the funds for, how and with what purpose. And, most importantly, how the company plans to pay investors back,” adds Gašpar