Sustainable Investment Platform Clim8 Secures up to £2m from Channel 4 Ventures
by Startacus Admin
Clim8 secures major investment boost from Channel 4 Ventures, the UK's largest ‘media for equity’ fund to support its brand awareness and growth plans
Fab news for Clim8 Invest (Clim8), the investment platform for consumers to make a positive impact on climate change, having just secured up to £2 million investment from Channel 4 Ventures, the UK's largest ‘media for equity’ fund. The partnership will enable Clim8 to exponentially increase brand awareness as it looks to achieve its mission to empower millions of people to have a positive impact on climate change.
This is the latest investment by Channel 4 Ventures, an initiative that enables high-growth consumer brands to accelerate their growth through TV advertising, in exchange for an equity stake in the business.
Vinay Solanki, Head of Channel 4 Ventures, explains: “Purpose is at the heart of Channel 4’s vision so we’re delighted to invest in this ambitious sustainable purpose led business through our innovative media-for-equity model. Climate change is one of the biggest challenges of our time and very important to our core young audience so we’re looking forward to supporting Clim8 to help them to achieve their potential of becoming a leading provider of sustainable investments in the UK using our powerful marketing platform. We hope to support more businesses with a strong purpose led narrative in the future.”
Duncan Grierson, Founder and CEO at Clim8 Invest, said: “Sustainable investment represents one of the most powerful ways in which we can all make a positive impact on climate change. And we can do so without compromising on returns. With Channel 4 coming onboard as an investor, we have the opportunity to reach a huge audience and achieve our goal.”
Clim8’s campaign is expected later in 2021 - keep your eyes peeled for that one!
In the interim, the public will have an opportunity to invest in Clim8 when it commences a crowdfunding round on Crowdcube in the next couple of weeks.
Good news all round!
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Published on: 2nd June 2021
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