Slovak Startup, CulCharge has reached its goal of $60K funded through crowdfunding website, Indiegogo in the first 31 hours of the campaign. In addition, CulCharge became the most trending campaign (igg.me/at/culcharge2) for 3 consecutive days on the Indiegogo platform last week.
With a minimalist design, CulCharge is the world’s smallest charger on a keychain, allowing users to charge and sync data with Apple iPhones equipped with lightning connector, as well as Android, Windows, and Blackberry phones equipped with microUSBs.
This is not CulCharge’s first successful crowdfunding campaign. In 2013, CulCharge set out with a goal of raising $15K through Indiegogo for a simple product, the smallest data and charge cable available worldwide. In summer 2013, the campaign concluded just shy of reaching $100K with over 3,000 backers from 71 countries in 40 days. The CulCharge team was able to source a reliable manufacturer and ship the CulCharge cables on time to backers with 100% backer satisfaction.
With the current campaign, CulCharge is a first in crowdfunding industry to offer 100% money back guarantee in keeping with the success of its first campaign and the company’s confidence it can deliver the highest quality of product on time to all crowdfunding backers.
Similar to CulCharge’s last crowdfunding campaign product, its newest product, CulCharge 3-in-1 PowerBank provides a solution for people on-the-go. Equipped with a 1000mAh battery, the PowerBank can also provide a charge outlet through a charge cable from other sources or act as a data cable.
8 days into the Indiegogo crowdfunding campaign, CulCharge has raised more than $80K through 657 backers. CulCharge intends to begin to ship the PowerBank in December 2015. In addition, Deutsche Telekom also placed a preorder of $50K in the first day of the PowerBank crowdfunding campaign. Through this additional capital stream, CulCharge is creating new ways to find strategic partners and fund innovative products without having to rely solely on the end users of the product. With 37 days still left to go, the PowerBank crowdfunding campaign will most likely surpass CulCharge’s first campaign, raising more than $100K.
CulCharge’s long-term plan includes the development of an eco-system for young, talented engineers who have great inventions and aim to bring these ideas to life. Beginning in 2015, CulCharge will run regular hardware hackathons to cultivate fresh projects and personally back the most outstanding products.
CulCharge cofounders and friends, Viktor Reviliak and Jozef Zemla have dedicated their lives to creating solutions to the issues surrounding energy capacity of mobile people around the world. CulCharge PowerBank was born after months of development in cooperation with partners from Europe, Hong Kong, and China.
CulCharge’s distribution of its charge cable includes international availability in Apple Premium Reseller stores and the world’s largest distributor of mobile accessories, Brightstar. CulCharge has also attracted international brands such as Telkom, Forbes, and Telfonica. CulCharge’s products are official Apple gadgets and the charge cable was recently picked up by Amazon as one of the best gadgets for its official 2015 Consumer Electronics Show showcase and it was also chosen to be one of only two companies to represent Slovakia at EXPO 2015 in Milan.