Investments in crowdfunded technology are set to increase seven-fold from an estimated $1.1 billion in 2015 to $8.2 billion by 2020, according to “Crowdfunding: Strategies & Impacts for Technology Markets 2016-2020,” a new study conducted by Juniper.
The study expects the crowdfunding industry to “see an accelerated growth from the lucrative, but less well-known, method of funding known as ‘equity crowdfunding’.”
Crowdfunding Investment in Technology Could Hit $8 Billion By 2020
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