Clean energy / CleanTech 2018: List of crowdfunding platforms

Crowdfunding turns excited investors into powerful advocates, potential customers, and happy beta testers. Combined, VCs and the crowd offer entrepreneurs a potent platform to begin their business. Simon Cook, CEO of Draper Esprit.

1 – Join Trine, crowdfunded solar energy projects

The first crowdfuding platform within the cleantech / clean energy space I came across is Join Trine. A Swedish platform founded in 2014. Join Trine specializes in solar energy (off-grid) in a range of African countries. The total amount raised & invested by November 2018 is $11,390,840.

I’ve placed three minor investment in three solar construction projects in Kenya & Rwanda to spread out the risc.

Also see: 2020 solar investments in Tanzania, Nigeria, Malawi & Kenya

2 – Abundance Investments, crowdfunded clean energy

Founded in 2009 and open for the public since 2012 with a strong focus in ethically and beneficial investments in green energy of different types (solar energy, floating tidal stream turbines, wind mills and housing projects.

More information:
November’s cleantech investments: Equity in Abundance Investment & solar farm in Rwanda

Crowdfunding & millenials

I stumbled upon an interview with Join Trines CEO Sam Manaberi in CEO Today here, describing his experiences from German and American companies (Bosch International) and his view of the future for Trine & crowdfunding in general:

“Fortunately for us, we have also seen a significant rise in Millennials wanting to invest manageable portions of their disposable income in ways that also have a positive impact on society. This attitude to investing is not exclusive to Swedish Millennials, but something that is happening globally. With Millennials surpassing Baby Boomers as the largest generation in several countries, including the US, this group of consumers has naturally contributed to the rising trend of ethical investing.”

According to an analysis by Deloitte Millenials, which are losely defined as being born after the early 1980’s, are expected to  have an accumulatted net weorh of around $19 go 24 trillion by 2020 – which equals huge business opportunities.

Crowdfunding – example of return rates

According to Seedrs’ annual report (published August 2018):

“The non-tax-adjusted internal rate of return (IRR) of the whole
platform, which means the annualised performance (net of fees),
as of 18 May 2018, of a hypothetical portfolio that included all 577
deals, was 12.02% on a Fixed Percentage basis and 10.05% on a
Fixed Amount basis.”