Less than two years after securing more than £1.5 million through its previous crowdfunding campaign on Seedrs, renewable investment platform Abundance has returned to the funding portal and quickly surpassed its £350,000 funding target and is now nearing £535,000.
As previously reported, Abundance launched its first investment in 2012, allowing anyone to invest in renewable energy projects. Since that time, Abundance has funded 34 investments raising over £75 million while returning £12.1 million to investors. Abundance is considered the first FCA regulated peer-to-peer investment company.
“We have broken the mould from the start. We became the UK’s first regulated crowdfunding company in 2011. We launched our first investment in 2012, allowing anyone over 18 to invest in renewable energy projects from as little as £5 for the first time. Since then we have funded 44 investments, making a real difference in energy, social housing, and recycling technologies, raising over £109 million in the process.”
Abundance also noted that it allows anyone to mobilize their money for good and it helps people get directly involved in the transition to Net Zero in a way that also fits their financial needs.
“Our investors are leaders in the fight to tackle the climate emergency, by putting their money to work backing everything from councils to turbines to green-tech innovations.”
Abundance then explained it launched the UK’s first CMI in July. Funds from the latest Seedrs round will be used to continue the growth and development of the Abundance platform. The initiative is set to close at the end of October.
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