Crowdfunding campaign is now open!

Candam is closing a 1 M€ investment round along with impact VCs and individual investors through a crowdfunding campaign to speed up the growth of the company

The crowdfunding campaign is carried out by La Bolsa Social to allow individual investors to support the company’s growth. Along with the campaign, the company is being invested by the VCs Impact Ventures, Enion Partners, and EIT InnoEnergy (follow-on) up to 800 K€ in 2022, with potential reinforcement in 2023 (300 K€).

The aim is to reach a total of 1 M€ and up to 50 K€ extra, then raising 200-250 K€ from individual investors. The current shareholders will be giving in exchange 26-27% of the company. The destination of the funds will be used in 18 months for:

• Team: 
  • Management: 366,107 € (28.2%)
  • Commercial: 225,041 € (17.3%)
  • Operations:  206,231 € (15.9%)
  • IT:  163,150 € (12.6%)
  • Marketing:  28,398 € (2.2%)
  • Administration: 33,173 € (2.6%)
• CAPEX: 231,206 € (17.8%)
• External services:  46,694 € (3.6%)

Finally, the investment will be supported with already obtained public funding up to 425 K€.

The end date is the 18th April 2022…What are you waiting to join?