In January 2024, the crowdfunding platform Seedrs, part of the US-based Republic group, laid off 15% of its European workforce, affecting approximately 15 employees. This restructuring follows challenging market conditions in startup fundraising over the past 18 months. As a result, Seedrs is closing its offices in Spain and Sweden to focus on more profitable areas and ensure a leaner operation, shifting away from recent market expansion efforts. Despite the office closures, the company will continue to support businesses across Europe.
