SolarCloud Raises A$275,000 in Capital in a Week

Off and running! Wasting no time SolarCloud raised $275,000 in capital in it’s first week from our very first Wholesale Investor presentation. Our goal of $2.5 million is well in progress and  exceeding all expectations so far.

We’ve experienced amazing support and demand so far, therefore to keep the ball rolling funding will provide us with the opportunity to expand. Funds will also be allocated to recruitment, marketing and advertising, which will help create and run strategic marketing campaigns that will target our consumer base and help us grow. Research and development will be one of our most important areas, as our company is constantly looking at areas to innovate and improve on. Specifically the virtual battery which we plan to heavily promote in late 2022. 

This level of funds raised in one week shows the quality behind our business model. Attracting interest from investors can be difficult in some circumstances, which illustrates the faith they have in our product and future plans. We are confident this is just the beginning, as we continue to grow and attract more interest from venture capitalists, funding will only keep increasing.

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About The Company

SolarCloud is solar without the hassle. It enables everyone, living anywhere to have solar to reduce their energy bill without installing panels on their own roof.

It combines world-first technology encompassing hardware and software with a unique renewable energy business model along with an ASIC registered investment scheme designed to benefit both consumers and commercial businesses.

SolarCloud works by individual investors purchasing ‘virtual solar panels’ that are shares of real physical solar panels that are installed on the roofs of commercial buildings. The electricity generated is purchased by the commercial host business or tenant and a return on investment delivered to the panel owner via monies transferred to their electricity, bank or paypal account.

SolarCloud is for individuals and businesses who want to lower their electricity bills and do their bit for the environment. It is suitable for everyone including renters, share houses, investors, businesses and also people overseas.

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