Crowdbase, a crowdfunding platform based in Cyprus, has announced its entry into the Greek market, offering Greek startups new opportunities for securing funding and enabling investors to support local projects.

Greece's startup ecosystem has experienced notable growth in recent years, with companies like Viva Wallet, Blueground, and Hellas Direct achieving significant success. Traditionally, these startups have relied on venture capital and angel investors. However, the increasing popularity of crowdfunding, bolstered by stringent regulatory frameworks in Europe, presents a new, transparent, and regulated method for raising capital.

Crowdbase's expansion into Greece aligns with the growing trend of equity crowdfunding in Europe, where the regulatory environment now ensures greater transparency and security for both investors and entrepreneurs. This alignment with EU financial standards simplifies the fundraising process in euros, potentially democratizing access to capital and fostering innovation within Greece's entrepreneurial landscape.

In addition, Crowdbase has already raised over €1.5 million for various projects through its platform. Past successes, such as easyBoat, which raised €470,000 from 141 investors, and Moving Doors, a proptech company that secured over €1 million, highlight Crowdbase's potential impact on the Greek market.

Crowdbase's low entry barrier of €100 allows investors to diversify their portfolios by investing in a range of projects across various industries. For startups, crowdfunding provides critical market feedback and increased visibility, essential for growth in a competitive market.