Trillion Fund
   HOME

TheInfoList



OR:

Trillion Fund was an
equity crowdfunding Equity crowdfunding is the online offering of private company securities to a group of people for investment and therefore it is a part of the capital markets. Because equity crowdfunding involves investment into a commercial enterprise, it ...
platform that raised money for environmental and social projects. It was founded in 2011 by Dr. Michael Stein and Phillip Riches. The platform was launched in response to warnings given by the United Nations that it will take US$1
trillion ''Trillion'' is a number with two distinct definitions: * 1,000,000,000,000, i.e. one million million, or (ten to the twelfth power), as defined on the short scale. This is now the meaning in both American and British English. * 1,000,000,000,0 ...
of investment annually to prevent the world from warming by more than 2 degrees. This one trillion figure gave rise to the company's name. Trillion was privately owned.
Vivienne Westwood Dame Vivienne Isabel Westwood (née Swire; born 8 April 1941) is an English fashion designer and businesswoman, largely responsible for bringing modern punk and new wave fashions into the mainstream. Westwood came to public notice when she m ...
became a majority owner in March 2013, and Albion London bought a stake in April 2014.
Mark Stevenson Mark Stevenson (born 1971) is a London-based British writer, businessman, public speaker and 'reluctant' futurologist, as well as a semi-professional musician and former comedian. Stevenson's first book, '' An Optimist's Tour of the Future'', wa ...
had a role in the advisory board of Trillion Fund. With the merger of Buzzbnk in 2014, the site had 14,000 members. In 2019, the platform closed. According to the Trillion Fund website, "Trillion has closed & has repaid all loans."


References

{{Crowdfunding platforms Equity crowdfunding platforms Environmental protection Organizations established in 2011 Crowdfunding platforms of the United Kingdom Defunct crowdfunding platforms of the United Kingdom