CarbonScape pleased with fundraising

stuff.co.nz

Funds keep rolling in for Marlborough clean-tech company CarbonScape after it passed its $400,000 target through equity crowdfunding earlier this week.

In October, the company offered 2 million shares through equity crowdfunding platform The Snowball Effect, which aims to help New Zealand businesses by raising growth capital through sales of very small share lots to many people.

CarbonScape is the third company in New Zealand to list on The Snowball Effect, after Marlborough’s Renaissance Brewing, which reached its cap of $700,000, and Kiwi film-maker Lee Tamihori, who raised $500,000 for his new film The Patriarch.

 

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