Comics and game publisher Space Goat Productions has launched a crowdfunded equity raise on the Wefunder platform. The campaign, which will run for 45 days, seeks investors at a pre-raise $3 million (for the first tranche of investment) or $5 million valuation. Funds will be used to "help SGP expand their presence in the board game and comic book marketplaces," according to the announcement. More specifics were offered in Q&A on the funding page, which noted that the raise will be used to ship backers games the company’s previously Kickstarted but not fulfilled, launch campaigns for the The Howling board game and Evil Dead 2 graphic novel, expand staff, and acquire licenses.
Space Goat is offering past Kickstarter backers a 20% discount on the equity raise, and a "perk" will be offered to retailers that invest.
The only other crowdfunded equity raise we’ve seen in our categories was by Tasty Minstrel Games, which raised $165,000 last year (on a different platform, see "Tasty Minstrel’s Successful Raise").
At $3M to $5M Valuation
Posted by ICv2 on May 2, 2018 @ 4:16 am CT
MORE COMICS
From Marvel Comics
November 22, 2024
Mark Brooks' Animated-Style variant covers grace select Marvel comics starting in February.
Plus: Mothra Gets First Solo Series
November 22, 2024
IDW Publishing will launch the first-ever Mothra series in 2025.
MORE NEWS
'Death Korps of Krieg,' Also, New 'Astra Militarium Codex'
November 22, 2024
Games Workshop unveiled Death Korps of Krieg boxed set, for Warhammer 40,000.
First Graphic Novel Coming in Mid-2025
November 22, 2024
The first graphic novel adaptation is slated for release in mid-2025.