Neufund

Neufund was a Berlin-based financial technology company established in 2016 by co-founders Zoe Adamovicz and Marcin Rudolf. The firm operated a blockchain-based platform designed to connect companies seeking capital with a global pool of investors. Adamovicz and Rudolf, both serial entrepreneurs, identified inefficiencies in the traditional venture capital market and aimed to apply the principles of the crypto economy to democratize the fundraising process.

The company's core business centered on providing the legal and technical infrastructure for businesses to issue "Equity Tokens" on the Ethereum blockchain. These security tokens represented legally-binding ownership stakes in the issuing companies, effectively tokenizing real-world assets like private equity. This model was intended to bridge the gap between private equity, venture capital, and the world of cryptocurrency, making previously illiquid assets tradable. Neufund's platform catered to a wide range of clients, from startups and SMEs to various types of investors, including retail, venture capital, and institutional participants. The business model aimed to reduce transaction costs, eliminate geographical barriers for fundraising, and open up investment opportunities to a broader audience with minimum investments as low as €10.

Significant milestones for Neufund included issuing the world's first public equity offering on the blockchain in 2018 and facilitating the successful €1.4 million fundraising for Greyp Bikes, which attracted over 1,000 investors from 34 countries. By the time it ceased operations, the platform had amassed a community of over 11,000 registered investors from 123 countries and had deployed over €20 million in capital. Despite its early traction and raising a total of $24.2M over several funding rounds, Neufund announced its shutdown in mid-2020, citing significant regulatory challenges in Germany as the primary reason for the closure.

Keywords: Neufund, Zoe Adamovicz, Marcin Rudolf, security tokens, equity token offering, ETO, blockchain fundraising, tokenized equity, asset tokenization, fintech, private equity, venture capital, Ethereum, security token platform, digital assets, investment platform, capital formation, regulatory technology, Berlin startup, blockchain investing