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Cleantech Companies Turn To Community To Fuel Investments (And It’s Working) – CleanTechnica

Everyone wants to live in a more energy-efficient world. People are constantly trying to find ways to help make our world more “clean,” yet oftentimes don’t know where to start – and Wefunder can be a place to start.<…….

Everyone wants to live in a more energy-efficient world. People are constantly trying to find ways to help make our world more “clean,” yet oftentimes don’t know where to start – and Wefunder can be a place to start.

According to a new report by the International Energy Agency, global energy investment is set to increase by 8% this year to reach 2.4 trillion dollars, with the anticipated rise coming mainly in clean energy. This is an encouraging step in the right direction. But with the extreme weather impacts of a warming world being felt more acutely every year, there is so much more work to be done.

Given the growing commitment of citizens around the world to “be the change they want to see in the world,” more and more cleantech startups are turning to their communities to raise capital, to complement investments from more institutional and conventional investors.

Enter a new cleantech trend – the Community Round. Created by Wefunder (the largest Regulation Crowdfunding platform in the United States), a Community Round allows startups to raise capital from their customers, fans and supporters, alongside angel investors and VCs. As well as representing a source of capital, the idea is to recruit an army of champions, and passionate advocates for the company and cause. 

Getting our country closer to our net zero pledges requires a team effort. For those of us who want to play our part, putting our money where our mouths are by investing in companies endeavoring to build a cleaner, more sustainable world makes all the sense in the world. And of course, while startup investing is always highly risky, if we’re investing in great companies that are building the future, we can hope for a financial return as well.

The five companies listed below are currently raising capital on Wefunder. Their founders were excited to let their audience invest – as a way of both delighting their customers and building a stronger community. It’s not surprising that founders actively working towards building a more sustainable future are often more committed to inviting their supporters to share in that future. 

In fact, the largest fundraising campaign on Wefunder right now is for a cleantech company called Next Bolt, building a safer, more affordable battery for every home. Next Bolt is the first home energy battery that will be sold for $100 a month – less than what the average US household pays for electricity.  They …….

Source: https://cleantechnica.com/2022/09/14/cleantech-companies-turn-to-community-to-fuel-investments-and-its-working/

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