Yet another milestone on Birchal as Our Cow raises $2.1m
Paddock-to-plate food delivery service Our Cow has closed out its capital raising on crowdfunding platform Birchal at almost $2.1 million, beefing up the company’s capacity to expand nationally.
The funding round, which was largely supported by customers, was quick out of the gates when it opened last month, securing $1.6 million in less than two days.
More than $100,000 of that was pledged in the first 15 minutes of the offer’s opening and $1 million within the first day.
The campaign was initially aiming to raise $2.6 million at $50 per share, which positioned the company on a pre-money valuation of $62.67 million.
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