A syndicate of members from Angel Academe has backed the renewable energy investment platform.
"We started with a simple idea – to link communities and individuals with Renewable Energy Projects and make it possible for everyone to share in the benefits of clean energy production."
Balderton Capital led the £5m round with a £3.8m investment to support domestic and international growth.
"We’re delighted to secure growth finance from such a renowned VC who will undoubtedly add tremendous value both strategically and operationally. We’ve built a pioneering and award-winning service over the last few years. This investment, alongside the crowd, puts us in an even stronger position to provide essential growth finance for businesses and inspire a new generation of investors."
The London-based equity crowdfunding platform secured nearly three and a half times its original target from 909 investors.
"The response to our campaign was phenomenal. It was overwhelming enough to have reached our investment target in such a short amount of time, but to have achieved almost four-times the investment backing we sought, from our own community and beyond, is astonishing. We see this as a tremendous validation of both our model and our business and we want to thank everyone who has invested for joining us on our journey."