What is CoPower?
CoPower is a Canadian company that facilitates investment in clean energy projects through its innovative green bond offerings. The company empowers individuals to invest in renewable energy initiatives, aiming to generate competitive financial returns while simultaneously contributing to environmental sustainability. CoPower's model simplifies the process of supporting the transition to a cleaner economy, making impactful investments accessible to a wider audience.
How much funding has CoPower raised?
CoPower has raised a total of $2.9M across 2 funding rounds:
Angel/Seed
$850K
Private Equity
$2M
Angel/Seed (2015): $850K, investors not publicly disclosed
Private Equity (2017): $2M led by Fondaction, Ferst Capital Partners, Innovation Support, and Royal Bank of Canada
Key Investors in CoPower
Fondaction
Fondaction is a Quebec-based retirement savings fund established in 1996, focused on investing in companies across Quebec to create jobs and foster a greener economy.
Ferst Capital Partners
Ferst Capital Partners is an investment firm dedicated to identifying and supporting promising companies, aiming to foster growth through collaborative partnerships.
Innovation Support
Innovation Support operates within the Non-Profit & Charitable Organizations sector, based in Toronto, Ontario, and focuses on supporting innovative ventures.
What's next for CoPower?
The substantial enterprise-level funding CoPower has attracted indicates a strategic push for scaling its operations and expanding its reach within the clean energy investment market. Future developments are likely to focus on broadening the portfolio of available green bonds, enhancing the investment platform's user experience, and forging new partnerships to accelerate the deployment of clean energy infrastructure across Canada. This capital infusion is poised to solidify CoPower's position as a key player in sustainable finance.
See full CoPower company page
