Business News

Bristol company that so far planted more than 15 million trees raises nearly £2.9 million on Crowdcube

Published by
Nicky Godding

Ecologi, a company that plants trees and funds climate crisis solutions, and which was only set up on 2019 by three Bristol based friends, has secured more than 144 per cent of its original Crowdcube crowdfunding target.

The company, which in two years has – through its subscription service – planted more than 15 million trees, has raised nearly £2.9 million from 1340 investors.

Ecologi is a platform for climate action, helping individuals, families and businesses become ‘Climate Positive'. Backed by General Catalyst (AirBnb, Deliveroo, Stripe), it is now raising for international expansion and product innovation including Ecologi Zero, its real-time carbon footprinting software for businesses.

Between April and June, its subscribers funded 6,048,818 trees and 112,508 tonnes of verified carbon offsets. Its community’s tree total for this quarter was up 41 per cent from the 4,279,818 trees funded in Q1 2021, and its volume of carbon credits funded is up 40% on last quarter’s 87,222 tonnes.

The company says this quarter was unusual because in April it saw an enormous uptick in the number of trees funded for planting through the platform. In April alone, its community funded 2.86 million trees – by far our biggest monthly total yet, and dwarfing May and June’s figures, even though they were very close to being record months themselves.

Nicky Godding

Nicky Godding is editor of The Business Magazine. Before her journalism career, she worked mainly in public relations moving into writing when she was invited to launch Retail Watch, a publication covering retail and real estate across Europe. After some years of constant travelling, she tucked away her passport and concentrated on business writing, co-founding a successful regional business magazine. She has interviewed some of the UK’s most successful entrepreneurs who have built multi-million-pound businesses and reported on many science and technology firsts. She reports on the region’s thriving business economy from start-ups, family businesses and multi-million-pound corporations, to the professionals that support their growth and the institutions that educate the next generation of business leaders.

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