News

The crowd goes green

November 14, 2016 • By TAB team

Earlier this year, good-with-money.com published an article entitled "The future's bright, the future's green" which looked at the growing popularity of green energy solutions, so-called 'cleantech', amongst crowd finance investors.

As a few months have passed, we wanted to take another look at crowd finance for green technology and what you need to know to make a success of your own cleantech raise.

Earlier this year, good-with-money.com published an article entitled "The future's bright, the future's green" which looked at the growing popularity of green energy solutions, so-called 'cleantech', amongst crowd finance investors.

As a few months have passed, we wanted to take another look at crowd finance for green technology and what you need to know to make a success of your own cleantech raise.

Are green energy services using crowd finance?

Yes, they are. Using Crowdsurfer Pro we found 153 campaigns within the European Union, focused on green energy which had closed successfully within the last 12 months. In total these campaigns have raised $36.7M across 39 crowd finance platforms.

How much can you expect to raise?

Of the 153 campaigns in our sample, the majority (135) raised between $0-500K. 16 campaigns raised more than $500K, with the largest achieving a total of $4.6M.

If we break the $0-500K category down further, we can see that 105 campaigns (78%) are in the $0-100K range:

What type of crowdfunding should you choose?

Unlike other sectors we have studied , the number of green energy crowd finance campaigns is pretty evenly distributed between Charity, Debt, Equity and Rewards.

When we take a closer look at the different categories some trends become clear. There is a considerable disparity between the overall amounts raised per funding category, with debt leading the way at $28M, followed by equity with $7.1M. Charity and rewards bring up the rear with $1.1M and $448.5K respectively.



The difference is clear when we look at the average and median raise sizes for each category. Equity has the highest median amount raised at $212K and an average raise of $395K. This is followed by debt with a median of $205.1K and average of $584.8K. Once again charity and rewards lag behind with medians of $1.2K and $2.9K. Their averages are a little higher at $23.9K and $10.7K


What were the largest raises of the last 12 months?



Kenninghall Solar 1 Year Bond

Platform
Funding type
Close date
Downing Crowd
Bond
May 2016
Goal
Raised
$4,600,000
$4,600,000

Upper Pitforthie Windgen

Platform
Funding type
Close date
Abundance Investment
Debenture
Dec 2015
Goal
Raised
$3,300,000
$3,300,000



Woodbridge 1 Year Solar Bond

Platform
Funding type
Close date
Downing Crowd
Bond
Oct 2016
Goal
Raised
$4,000,000
$2,700,000



Swindon Common Farm Solar CIC

Platform
Funding type
Close date
Abundance Investment
Debenture
June 2016
Goal
Raised
$2,400,000
$2,400,000



Verto Homes

Platform
Funding type
Close date
Crowdcube
Equity
Aug 2016
Goal
Raised
$1,300,000
$2,100,000



Wickham Solar 1 Year Bond

Platform
Funding type
Close date
Downing Crowd
Bond
June 2016
Goal
Raised
$1,600,000
$1,600,000



Take advantage of Crowdsurfer to research your own fundraise or to answer any other questions you have about crowd finance. Register here to access the most current and interactive data intelligence on the industry.


What is Crowdsurfer Pro?

Crowdsurfer Pro is the world's most trusted, data intelligence service for the global crowd finance phenomenon. Using big data engineering and machine learning, Crowdsurfer Pro distils billions of data points on individual raises into usable intelligence for fundraisers, investors and regulators.