UK – Sonichem, an esteemed UK-based green technology company, is excited to kick off a substantial crowdfunding campaign using the investment platform Seedrs.
This captivating opportunity will run until December 13, 2023, inviting environmentally conscious individuals and organizations to purchase shares* in the company’s unique ultrasonic biorefinery technology, simultaneously investing in the planet’s future.
Crowdfunding represents a collective effort to support innovative projects and businesses, extending an opportunity to sustainability-focused funds and corporate ventures.
Sonichem is eager to empower smaller investors and consumers, allowing them to secure their stake in its sustainable technology for as little as £10.
Seeking a total investment of £1.1 million, the company aims to fund the development of pilot plant facilities, design and plan its inaugural commercial biorefinery, and expand the production of green chemicals.
These chemicals aim to displace finite petrochemicals, reducing society’s dependence on fossil fuels.
Sonichem’s patented biorefinery process integrates chemistry and ultrasound technologies, repurposing by-products from the forestry sector—often underutilized, wasted, or discarded—into high-value green chemicals.
Leveraging cavitation within woody biomass through this ultra-clean technology, £1 of sawdust can be transformed into £8 worth of sustainable, bio-based chemicals adaptable for diverse products.
Sonichem has already made significant strides in waste reduction and CO2 emission decline. Becoming a company shareholder allows investors to contribute to these sustainability endeavors.
The Seedrs nominee structure ensures their collective influence on crucial decision-making processes and participation in Sonichem’s success.
Adrian Black, Sonichem’s CEO, remarked, “The imperative global shift away from petrochemical reliance fuels the demand for sustainable, bio-based alternatives. The bio-based platform chemicals market is on an upward trajectory, expected to grow nearly nine percent annually over the next five years, reaching US$26.7 billion by 2028.
“Sonichem is strategically positioned to leave a profound mark in this sector, having already garnered support from several consortiums and accolades.
“Contributing to our crowdfunding endeavors enables investors to embark on our journey, disrupting the chemicals industry and optimizing the world’s natural resources.”
Exceedence launches US$545K crowdfunding campaign
In August, Irish fintech company Exceedence launched a crowdfunding campaign on Seedrs platform, aiming to raise €500,000 (US$545,125) to advance its software solution exfin that can help accelerate the roll out of the offshore wind, wave, and tidal energy projects.
The company’s cloud-based software exfin assimilates technical and cost data to produce robust financial digital twins of wave, tidal, fixed and floating offshore wind projects and combined technologies.
The solution allows users to optimize levelized cost of electricity, bid prices and margins, and provides a like-for-like comparison across devices, projects and locations with the bottom line being financial viability.
Through the Seedrs crowdfunding platform, the campaign offers the chance to buy equity in the company.
Exceedence will use the funding to expand their team to grow their software sales and customer support functions, develop pilot projects in new sectors such as solar energy, and create partnerships for software integrations.
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