- MAGFAST raises over $10 million through Netcapital's platform.
- Achieves second-largest Reg CF raise in Consumer Packaged Goods sector.
- Current offering available for a limited time on Netcapital.com.
Netcapital Inc. (NCPL, Financial) has announced that MAGFAST, a company specializing in charging devices, has successfully raised more than $10 million through multiple offerings on its digital private capital markets platform. This accomplishment is notable as it represents the second-largest total amount raised under Regulation CF in the Consumer Packaged Goods industry, according to KingsCrowd.
MAGFAST's ongoing offering is presently open for a limited time on Netcapital.com. Interested investors can access detailed information on the offering, along with associated risks and disclosures, by visiting the website.
MAGFAST is recognized for designing and marketing a suite of charging products tailored for phones, tablets, and other personal electronic devices. The company's innovative modular system includes both wireless and wired chargers, intended to enhance convenience for daily use at home and on the move. This latest round of funding is part of MAGFAST's broader strategy to expand its product offerings.
Netcapital Inc. is a fintech company that facilitates online capital raising for private companies and provides private equity investment opportunities to investors. Its funding portal is registered with the U.S. Securities & Exchange Commission and is a member of the Financial Industry Regulatory Authority.
