Marco Zagaria, a student of the Academy of Fine Arts in Rome, launched a crowdfunding campaign on Indiegogo mid December. Crowdfund Insider picked it up for inclusion in the Crowdfunding Mailbox that same week. Since the campaign’s launch the candle heater, called Egloo, has raised an astounding $125,000. Yep for a candle heater.
Zagaria has combined basic physics with a simple, yet elegant design to create a a candle powered heater made of Italian terra-cotta. The candles heat the material which acts as a diffuser to spread the warmth across the immediate vicinity. Sure this isn’t going to heat a 3000 square foot loft but for a small space this seems pretty economic. Zagaria claims that a well functioning Egloo can heat a room 30 meters squared.
With ten days remaining over 2200 backers have signed up to support this campaign. Most of the backers have signed up to receive a single Egloo for $60, shipping not included. The funding target of raising $30,000 only took 4 days.
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