Trillion Fund

{{Short description|Defunct investment crowdfunding platform}}

{{Infobox website

| name = Trillion Fund

| logo = Trillion Fund logo.png

| location_city = London

| location_country = United Kingdom

| url = {{URL|https://www.trillionfund.com/}}

| commercial = Yes

| type = Crowdfunding

| language = English

| launch_date = {{start date and age|2011}}

}}

Trillion Fund was an equity crowdfunding 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 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 became a majority owner in March 2013,{{cite web|url=http://www.climateactionprogramme.org/news/vivienne_westwood_becomes_ambassador_for_clean_energy_trillion_fund |title=Vivienne Westwood becomes ambassador for clean energy Trillion Fund |publisher=Climateactionprogramme.org |date=2014-09-03 |access-date=2015-04-30}} and Albion London bought a stake in April 2014.{{cite web|url=https://trillionfund.com/StaticPages/aboutus.aspx |title=Everyone can profit from renewable energy |publisher=Trillionfund.com |access-date=2015-04-30}} Mark Stevenson had a role in the advisory board of Trillion Fund.{{cite web |author=Mark Stevenson |url=http://www.greenbelt.org.uk/contributors/mark-stevenson |archive-url=https://web.archive.org/web/20130618055725/http://greenbelt.org.uk/contributors/mark-stevenson/ |url-status=dead |archive-date=2013-06-18 |title=Mark Stevenson - Contributors - Greenbelt Festival |publisher=Greenbelt.org.uk |date=2013-08-26 |access-date=2015-04-30 }} With the merger of Buzzbnk in 2014, the site had 14,000 members.{{cite web|url=http://blog.buzzbnk.org/2014/07/21/trillion-fund-and-buzzbnk-announce-merger-to-create-uks-biggest-social-crowdfunding-platform/ |title=Trillion Fund and Buzzbnk announce merger to create UK's biggest social crowdfunding platform | Buzzbnk's Blog |publisher=Blog.buzzbnk.org |date=2014-07-21 |access-date=2015-04-30}}{{cite web|url=https://www.forbes.com/sites/davidprosser/2014/08/05/meet-britains-biggest-social-crowdfunding-platform |title=Meet Britain's Biggest Social Crowdfunding Platform |work=Forbes.com |date=2014-05-08 |access-date=2015-04-30}}

In 2019, the platform closed. According to the Trillion Fund website, "Trillion has closed & has repaid all loans."{{cite web | url=https://www.trillionfund.com/ | title=Trillion Fund | publisher=Trillion Fund}}

References