Portugal’s Goparity is an online platform that enables individuals to invest in sustainability-focused projects across renewable energy, sustainable land use and biodiversity protection, financial inclusion, water efficiency and other sectors.
Portuguese asset manager 3XP Global led Goparity’s €2.9 million ($3.1 million) round via its Impact Innovation Fund. Schneider Electric’s Energy Access Fund, Ontario-based agriculture investment manager InvestEco Capital Corp., Swiss investor Regenerative.eco and early stage impact VC firm Mustard Seed Maze also invested.
Some 800 individuals from Goparity’s community participated on the same terms as institutional investors, raising €470,000 ($534,000).
Goparity has a presence in Spain and expanded into Colombia and Canada earlier this year, and has gotten a greenlight to operate across the European Union.
Micro-investing
Goparity launched in 2017 to give individuals access to the types of impact investments traditionally reserved for institutional or wealthy investors. Goparity’s crowdlending model enables individuals to invest in projects across the Americas, Europe and parts of Africa, with as little as 10€.
The company claims its projects have an average interest rate of 6.2% and average maturity of just over three years. 3XP Global’s investment in Goparity “is reinforcing the belief that sustainable finance can be accessible, inclusive and scalable,” said the firm’s Rita Branco.
Goparity has so far invested €45 million across nearly 400 projects and is expecting to surpass €50 million by mid-2025. Its largest campaign so far: €800,000 for Spain’s Comunidad Solar to help businesses and households access solar energy.
