{"id":12943,"date":"2023-05-15T08:37:13","date_gmt":"2023-05-15T08:37:13","guid":{"rendered":"http:\/\/TheNextWeb=1396289"},"modified":"2023-05-15T08:37:13","modified_gmt":"2023-05-15T08:37:13","slug":"spains-crowmie-empowers-everyone-to-invest-in-green-energy","status":"publish","type":"post","link":"https:\/\/www.londonchiropracter.com\/?p=12943","title":{"rendered":"Spain\u2019s Crowmie empowers everyone to invest in green energy"},"content":{"rendered":"\n

This profile is part of the main prize of the Pitch Battle at TNW Valencia 2023 won by Crowmie. Want your company to get featured as well? You\u2019ve only got a few days to join the startup contest<\/a> at TNW Conference in Amsterdam on June 15 & 16! <\/em><\/p>\n

Valencia\u2019s hottest green-fintech startup<\/a> is on a mission to break down the high barriers to investment in the energy sector and make it easy for everyone to fund renewable projects.<\/span><\/p>\n

Crowmie<\/span><\/a>, which launched February last year, is jumping into the micro-investing space by allowing anyone with as little as \u20ac100 to spend the chance to invest directly into renewable energy projects in Spain, and see monthly returns. <\/span><\/p>\n

Tech-wise, Crowmie has built a platform to create digital security tokens (STO, Security Token Offerings) for the total amount of each project they want to finance. This automated process means all investment transactions are registered in the blockchain<\/a>. <\/span><\/p>\n

The 12-person startup, led by founders<\/a> Fernando D\u00e1vila (26), Pablo Valverde (29) and Joshua Cleveland (29) won the Pitch Battle at <\/span>TNW Valencia<\/span><\/a> in March this year.<\/span><\/p>\n

\u201cThe jury was impressed with the team\u2019s vision and goal of making it easier to invest in renewable energy,\u201d said Boris Veldhuijzen van Zanten, co-founder of TNW and jury member of the Pitch Battle. \u201cThis is such an amazing opportunity that people like you and I can now finally get active in. This is one of those startups that you hope become very successful, not just for the team, or the investors but for the whole world.\u201d<\/span><\/p>\n

Crowmie (the name is a mashup of \u201ccrowd\u201d and \u201chomie\u201d) has received \u20ac300,000 in pre-seed funding so far and is going after a \u20ac1.5 million seed round this year. The company will deploy the funds towards marketing, tech, opening up the investment platform to people in the US and building a presence in Mexico and Colombia. <\/span><\/p>\n

Tokenised investment inspiration<\/h2>\n

CEO D\u00e1vila, who studied astro-engineering in Valencia before becoming a founder, told TNW that innovation in property tech was one of their main inspirations.<\/span><\/p>\n

\u201cThe idea came about because we saw an incredible trend in the tokenisation world, especially in the real estate sector,\u201d D\u00e1vila said, citing <\/span>RealT<\/span><\/a> in the US and <\/span>Reental<\/span><\/a> in Spain as two pioneering companies in real-estate tokenised investments. <\/span><\/p>\n

The trio thought that the same model of fractional, tokenised investment could totally work in the renewable energy sector too \u2014 and no one was doing it in Spain. <\/span><\/p>\n

\u201cRight now only those with high amounts of capital can invest in the renewable energy vertical, and we want to do it with tokenisation, because impact investment is growing now and will grow much more in the future,\u201d D\u00e1vila added.<\/span><\/p>\n

\"Crowmie
<\/i><\/a>Crowmie\u2019s CEO on stage during the TNW Valencia pitch battle. Credit: TNW<\/figcaption>