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ecoligo
Solar energy crowdfunding platform
- 21-100 employees
- B2C
- B2B
- Energy
- Sustainability
- Investing
- Crowdfunding
- Social Impact
- Mitte, Berlin, Germany
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Company mission
To bring impactful solar projects to life, solving the biggest challenge of our time.
62% employee growth in 12 months
Our take
Ecoligo provides businesses with solar-as-a-service in developing markets, using crowdfunding to finance its projects. The dual-purpose business model is an interesting one, on one hand bringing renewable solutions to businesses who would not be able to afford them and helping the local economy, while offering low buy-ins for grassroots investors.
Renewable energy crowdfunding and micro-investments have been growing in popularity for the last few years as it allows people to buy a stake in a community’s well being for a future profit.
While it will take quite some time to begin to disrupt the major energy providers, the fact that companies like ecoligo are targeting emerging economies in East Africa and Southeast Asia could see them get ahead.
The company was founded and is led by a pair of nearly twenty year veterans in the energy industry, and with financial backing from ecological investment specialists Saxovent, the future looks promising.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Work for the planet: help make a difference as we pioneer the energy transition in emerging markets.
- Real ownership and responsibilities with strong opportunities for growth.
- The chance to help shape the future of a growing company as we enter an exciting growth stage.
- Bright and comfortable workspace at our office in Mitte, Berlin, with a terrace for sunny lunches or after work time with colleagues.
- Flexible working hours.
- We are open for change and welcome your ideas.
Company values
- Be open - Information is for everyone. We share our knowledge, expertise and real time updates. With us, you always get the whole story.
- Take action - Change starts with us. That's why no matter the challenge, we operate with our values at our heart, guiding our work and helping us to create the change we want to see in the world.
- Work together - To save the planet, it's going to take all of us. From our crowd investors to EPC partners to energy clients, our work is a team effort. By collaborating, we can take on the biggest challenges of our time.
- Deliver excellence - If it has our name on it, you can trust that we'll be there from beginning to end. We have the team and tools to deliver on our promises across all of our operations.
- Be the solution - If something isn't working let's fix it, today. Whether there is an operational issue or a change in the global energy landscape we'll take charge of any issue and find the right solution to achieve our goals.
Funding (last 2 of 5 rounds)
Feb 2024
$11.6m
EARLY VC
Oct 2022
$10.6m
SERIES A
Total funding: $28.6m
Leadership
Martin Baart
(CEO)Two decades in the sustainability and energy fields. Prior to co-founding ecoligo, was CTO at One Shore Energy and was Business Development Manager at Microgrid business ABB.
Markus Schwaninger
(CFO)Former Renewables Project Manager (East Africa & Myanmar) at international development, cooperation and education agency GIZ. Former Carbon Credit Developer at Carbon Africa Ltd.