VENTURE CAPITAL POST

Jill Zmud, a musician from Ottawa, has launched a crowdfunding campaign for her new album on indiegogo and her perks to get donors to give their donations include her husband, CBC Radio host Alan Neal, the Ottawa Citizen reported.

KKT Interactive owner and Snap-pay.com co-founder Jim Rudnick has introduced a crowdfunding site which intends to help entrepreneurs in Hamilton, Ontario, The Hamilton Spectator reported.

Boston, US-based smart eyewear startup Laforge Optical launched a crowdfunding campaign on Indiegogo to raise $80,000 for the testing and app development for its fashionable smart glasses called Icis.

Palo Alto, US-based Bluetooth controller ring maker Fin hit its $100,000 funding target on crowdfunding platform Indiegogo, and now wants to stretch its goal to $150,000 to give visually impaired people a discounted price for the product.

Berkeley, US-based biotech startup Exogen Biotechnology turned to crowdfunding to raise money for its DNA damage measuring technology amid shortage of venture capitalists investing in biotech firms.

As crowdfunding continues to grow in popularity, its effect towards giving to more established and bigger charities have become a cause for concern among nonprofits, The New York Times reported.

Learning Shelter, a program founded by a former homeless man who now has his own laser-cutting business, launched a crowdfunding campaign on Indiegogo to raise $60,000 to teach hardware skills to homeless people in San Francisco and help them find jobs.

Some European filmmakers that have turned to crowdfunding, which is still in its early stage in Europe, are facing a different set of challenges, Variety reported.

Crowdfunding platform Indiegogo raised another $40 million in fresh capital from US private equity firms, which include Institutional Venture Partners and KPCB, CBC News said in its report.

Massachusetts, US-based crowdfunding platform Dragon Innovation will start offering another $100,000 in seed funding to any project that can raise a minimum of $1 million in its campaign.

The Jamaican bobsled team, which last competed in the Winter Olympics in 2002, is using crowdfunding to raise funds that will allow them to compete in this year's Winter Olympics, ABC News reported.

British biotechnology startup QuantuMDx turned to crowdfunding platform Indiegogo to raise funds for the development and commercialization of a hand-held device that can diagnose malaria rapidly.

Swedish laboratory Nordic Society for Intervention and Discovery (NSID) has raised funding via Indiegogo to develop No More Woof, a headset prototype that translates dogs' thoughts into English.

Crowdfunding sites like Kickstarter would now be used by entrepreneurs to find testers for their products.