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Clean tech startup launching crowdfunding campaign

Contributor:
Fuseworks Media
Fuseworks Media

Dunedin-based clean tech startup Powerhouse Wind is launching an equity crowdfunding campaign on Thursday 7 March so it can scale up production bring its new product ThinAir 102 to wider markets.

"We’re not just selling thin air, we’re giving people a chance to buy into our company which is revolutionising small scale wind power generation," Powerhouse director Bill Currie said today.

"Powerhouse Wind has reached a point where the product is ready to scale. We have put a lot of work developing a product that compliments solar panels in the on/off grid renewable energy sector.

"Crowdfunding is the ideal way for Powerhouse Wind to bring the ThinAir to market. It gives our company an opportunity to find funding, resources and people at a scale required for our start up without the complexity that listing on the sharemarket involves.

Mr Currie said they already had an established crowd with many supporters.

"Since we started Powerhouse Wind, we’ve built up over 1500 contacts who who are interested in what we are doing.

"From investors to potential customers to people interested in wind generation, we have a crowd out there waiting.

"With a dozen turbines running and with our crowd’s help, ThinAir turbines will be involved in on/ off grid solutions across New Zealand, and the world, soon."

PledgeMe CEO Anna Guenther said the team behind Powerhouse Wind were bunch of amazing engineers and all round awesome people.

"Powerhouse Wind have the smarts and the passion to take ThinAir to the masses," Ms Guenther said.

"They have put together a good share offer which their extensive crowd is chomping at the bit to take up.

"With their crowd’s support, Powerhouse Wind will literally change the way we power things in an economically and environmentally friendly way."

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