Sweden based crowdfunding platform Trine has raised €6m in Series A funding led by Gullspång Invest. Trine is a new crowdfunding platform especially for the funding of solar energy projects.
The new capital will be used to scale TRINE’s operations in East Africa and Europe. By expanding the crowd-investing platform’s funding capacity, TRINE intends to provide 66 million people access to clean energy by 2022, saving 8 million tons of CO2 emissions annually. Sam Manaberi, CEO and Founder of TRINE, comments: “This funding round, led by Gullspång Invest, allows us to scale our business by opening multiple projects across the TRINE platform, thereby attracting greater numbers of crowd-investors who want to fund solar energy projects with impact.”