Kombinat Konopny SA raised 4.5 million PLN in just 7 minutes through crowdfunding, setting a record and planning to use the funds for business expansion, product diversification, and international market entry.
Target Information
Kombinat Konopny SA is a company specializing in the cultivation and processing of hemp fibers. Recently, it set a record in Polish equity crowdfunding by securing 4.5 million PLN in just 7 minutes through 736 investments. The funds will primarily be directed towards expanding the herbal facility, broadening the product portfolio, and pursuing international expansion. In its first equity emission in 2020, Kombinat raised 4.2 million PLN in a remarkable 38 minutes.
The previous record was held by CanPoland, which raised 4.4 million PLN in 11 minutes at the beginning of 2021. Both Kombinat Konopny's emissions and CanPoland's issuance were promoted by the Crowdway platform. The overwhelming interest in Kombinat's second crowdfunding emission saw over 3,000 investors sign up for alerts, reflecting vibrant discussions on forums. Maciej Kowalski, the company's CEO, expressed pride and gratitude for the swift success, emphasizing the strong trust investors have in their plans.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview in Poland
The hemp industry in Poland has seen significant growth in recent years, spurred by increasing consumer interest in hemp-derived products, especially those related to health and wellness. According to New Frontier Data, the European market for hemp-derived goods was estimated to
Similar Deals
Crowdway
invested in
Kombinat Konopny SA
in 2021
in a Seed Stage deal
Disclosed details
Transaction Size: $1M
Revenue: $1M
Net Income: $1M