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FinTech Series B Founded 2016

Ecoligo

Ecoligo is a clean energy crowdfunding platform that connects retail investors with solar project developers, providing capital for solar energy projects in emerging markets. The platform enables individual investors to receive higher returns on their investments compared to regular banking products while assisting project developers with capital infusion for their solar projects. All projects on the Ecoligo…

📍 Berlin, Germany · Crowdfunding,

Funding snapshot

Last roundSeries B
Amount$12M
Date28 February 2024
Total raised$30M
Team size38

About

Ecoligo is a clean energy crowdfunding platform that connects retail investors with solar project developers, providing capital for solar energy projects in emerging markets. The platform enables individual investors to receive higher returns on their investments compared to regular banking products while assisting project developers with capital infusion for their solar projects. All projects on the Ecoligo platform pass a thorough due diligence process before being listed, ensuring investment quality and risk management. The company model addresses the funding gap for solar projects in developing countries where access to traditional financing is limited, facilitating the deployment of renewable energy infrastructure through community-backed investment. Founded in 2016 and headquartered in Berlin, Germany, Ecoligo has raised approximately $29.9 million in Series B funding from investors including Triple Jump, Oikocredit, Saxovent, EIT InnoEnergy, Gaia Impact, and Fotowatio Renewable Ventures.

Business model

Alternative Lending > Online Lenders > Green Financing > Commercial > Marketplace,

Investment Tech > Alternative Investment Platforms > Asset Tokenization Platforms > Renewable Energy,

Crowdfunding > Revenue Sharing > Horizontal,

Renewable Energy Tech > Solar Energy > Solar Financing

Institutional investors

Triple Jump Oikocredit Saxovent EIT InnoEnergy Gaia Impact Fotowatio Renewable Ventures E.ON :agile Vispiron Heartbeat Investments MBI Bold Investment Christian Trantow Ingo Luge Florian Schonberger Regine Dietz

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