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Solar Mosaic –Financing Solar with Crowdfunding

[fa icon='calendar'] Feb 7, 2013 10:49:31 AM / by ICDK posted in Cleantech, ICDK, Clean Tech, CleanTech, crowdfunding, funding, Solar

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A new solar financing start-up has emerged with a vision of becoming the Kickstarter of solar, as it allows small-scale investors, for as little as 25 Dollars, to invest in solar projects in need of capital. The company, Solar Mosaic, currently employs 14 people, and is a private, venture-backed start-up that was founded in 2011. In May 2012 it raised $2.5 million dollars in a first round of venture funding led by Spring Ventures of San Francisco. In June 2012, the department of Energy in the USA awarded Mosaic a 2 million dollar Grant through its SunShot initiative.

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