13 January 2021
Last month an EIT InnoEnergy student founded start-up, Seeds Renewables, received global recognition as they brought home two gold medals in the Red Bull Basement contest. Seeds is a gamified mobile app which sits uniquely at the crossroads of Cleantech and Financial Tech.
Seeds Renewables crowdfunds the construction of renewable energy projects by collecting the spare change from their investor community’s everyday purchases to provide loans to renewable energy cooperatives. Their investors receive both a competitive return on investment as well as they can watch as their investments offset their personal carbon footprint, a unique value proposition within the impact investing industry.
The company, established in Spain in October 2020 by four EIT InnoEnergy MSc Renewable Energy students: Alba Forns, Guillermo Marchessi Riera, Jose Luis Colomer Bel and Will Wiseman, has been making rapid strides in both development and traction. The Red Bull contest proved to be a stepping off point for social proof and marketing.
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