Latest news with #FrontFundr
Yahoo
a day ago
- Business
- Yahoo
RheEnergise Invites Canadians to Back High-Density Hydro in National Clean Power Push
High-Density Hydro(R) aims to transform Canada's energy grid with long-duration, low-cost energy storage-now open to Canadian investors Montreal, Quebec--(Newsfile Corp. - July 2, 2025) - RheEnergise, a dynamic Montreal-based energy storage innovator, has launched a Canadian fundraising campaign on FrontFundr, Canada's leading online private investing platform. The campaign marks the company's further deepening their Canadian presence and offering individual investors the opportunity to help accelerate the deployment of High-Density Hydro, a next-generation long-duration energy storage solution (LDES). RheEnergise's High-Density Hydro energy storage demonstrator project near Plymouth in Devon, Britain To view an enhanced version of this graphic, please visit: RheEnergise's technology stores energy when it's cheap and dispatches it when demand is high. This approach strengthens grid reliability, improves energy affordability, and supports the transition to clean, renewable power. Canada has a long history of embracing hydropower, and the RheEnergise High-Density Hydro solution is a perfect compliment, going into topographies unavailable to traditional hydro, and is quicker to build and scale. "We believe Canada is an ideal market for High-Density Hydro," said Stephen Crosher, CEO of RheEnergise. "Our solution delivers the scale, duration, and economics that utilities and developers across Canada are looking for—especially as provinces work to phase out fossil fuels and bolster grid resiliency." Each RheEnergise project typically delivers between 20 and 100 megawatts of power and offers 4 to 20 hours of energy storage, with round-trip efficiencies exceeding 80%. 20MW of LDES is enough to power approximately 15,000 Canadian homes. The opportunity in Ontario alone stands at 13,000 potential sites, utilizing just 1% of these could create a staggering 6,500MW of long duration energy storage (nearly 5m homes). Unlike conventional pumped hydro, RheEnergise uses a proprietary fluid that is 2.5x denser than water, allowing the system to be deployed on modest hills rather than requiring mountainous terrain. This makes projects more cost-effective and easier to site—particularly valuable in Canada's diverse geography. Funds raised through FrontFundr will be used to accelerate RheEnergise's commercial expansion in Canada, support feasibility studies and project development, and build local partnerships. "This is more than just a raise—it's an invitation for Canadians to invest in the infrastructure of the future," Crosher added. "We're excited to bring High-Density Hydro to Canada and deliver clean, reliable energy storage at scale." ### About RheEnergiseRheEnergise is an energy-storage innovator committed to delivering scalable, environmentally benign solutions that underpin the global transition to renewable power. Headquartered in London and Montreal, with a demonstration site in Devon, UK, RheEnergise's High-Density Hydro® technology offers utilities, developers, and communities a flexible, long-duration storage option for a decarbonized grid. Media ContactBethany Ruhe, Communications, RheEnergisePhone: 412.443.7969Email: br@ To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
a day ago
- Business
- Globe and Mail
RheEnergise Invites Canadians to Back High-Density Hydro in National Clean Power Push
High-Density Hydro(R) aims to transform Canada's energy grid with long-duration, low-cost energy storage-now open to Canadian investors Montreal, Quebec--(Newsfile Corp. - July 2, 2025) - RheEnergise, a dynamic Montreal-based energy storage innovator, has launched a Canadian fundraising campaign on FrontFundr, Canada's leading online private investing platform. The campaign marks the company's further deepening their Canadian presence and offering individual investors the opportunity to help accelerate the deployment of High-Density Hydro, a next-generation long-duration energy storage solution (LDES). RheEnergise's High-Density Hydro energy storage demonstrator project near Plymouth in Devon, Britain To view an enhanced version of this graphic, please visit: RheEnergise's technology stores energy when it's cheap and dispatches it when demand is high. This approach strengthens grid reliability, improves energy affordability, and supports the transition to clean, renewable power. Canada has a long history of embracing hydropower, and the RheEnergise High-Density Hydro solution is a perfect compliment, going into topographies unavailable to traditional hydro, and is quicker to build and scale. "We believe Canada is an ideal market for High-Density Hydro," said Stephen Crosher, CEO of RheEnergise. "Our solution delivers the scale, duration, and economics that utilities and developers across Canada are looking for—especially as provinces work to phase out fossil fuels and bolster grid resiliency." Each RheEnergise project typically delivers between 20 and 100 megawatts of power and offers 4 to 20 hours of energy storage, with round-trip efficiencies exceeding 80%. 20MW of LDES is enough to power approximately 15,000 Canadian homes. The opportunity in Ontario alone stands at 13,000 potential sites, utilizing just 1% of these could create a staggering 6,500MW of long duration energy storage (nearly 5m homes). Unlike conventional pumped hydro, RheEnergise uses a proprietary fluid that is 2.5x denser than water, allowing the system to be deployed on modest hills rather than requiring mountainous terrain. This makes projects more cost-effective and easier to site—particularly valuable in Canada's diverse geography. Funds raised through FrontFundr will be used to accelerate RheEnergise's commercial expansion in Canada, support feasibility studies and project development, and build local partnerships. "This is more than just a raise—it's an invitation for Canadians to invest in the infrastructure of the future," Crosher added. "We're excited to bring High-Density Hydro to Canada and deliver clean, reliable energy storage at scale." ### About RheEnergise RheEnergise is an energy-storage innovator committed to delivering scalable, environmentally benign solutions that underpin the global transition to renewable power. Headquartered in London and Montreal, with a demonstration site in Devon, UK, RheEnergise's High-Density Hydro ® technology offers utilities, developers, and communities a flexible, long-duration storage option for a decarbonized grid.
Yahoo
09-06-2025
- Business
- Yahoo
FrontFundr Marks 10 Years of Democratizing Private Markets, Surpasses $285M in Capital Raised
TORONTO, June 09, 2025 (GLOBE NEWSWIRE) -- FrontFundr, Canada's leading equity crowdfunding platform, is celebrating a decade of impact, innovation, and community-driven capital. Since launching on May 29, 2015, the platform has processed over $285 million in investments from over 19,000 investors into 269 private market campaigns, transforming how Canadians invest—and who gets to participate. In just ten years, FrontFundr has grown from a bold idea into a powerful engine for innovation, access, and financial inclusion. The platform now boasts a community of 56,000+ users, 30,000+ investments, and a track record that includes record-setting raises and high-profile exits. 'What started as an experiment in opening up capital markets has grown into a movement,' said Peter-Paul Van Hoeken, Founder and CEO of FrontFundr. 'Our journey reflects the evolution of private investing in Canada—more inclusive, more accessible, more transparent, and more aligned with the values of today's investors.' A Decade of Deal-Making and Milestones Blossom Social, a social network for investors, broke the Canadian equity crowdfunding record in 2025 with a $1.93M raise in under 6 hours—surpassing its own 2024 record of $1.34M. Sheringham Distillery, the award-winning spirits company behind Seaside Gin, raised $1.2M from over 800 investors, turning loyal fans into shareholders and expanding distribution across North America. HEMPALTA, a Calgary-based cleantech company, closed a successful raise in 2022 and listed on the Toronto Stock Exchange in 2024, providing a liquidity event for early investors. tiptap, the company behind touchless giving technology, raised on FrontFundr in both 2020 and 2023—scaling nationally and powering donation campaigns with organizations like the Salvation Army. These standout campaigns represent a broader surge in momentum. In 2024 alone, FrontFundr facilitated $68.3M in capital across 66 campaigns, marking its strongest year to date. A Broader Movement Toward Inclusive InvestingFrontFundr has seen meaningful shifts in investor demographics, with women now representing 26% of all investors and individuals in their 30s emerging as the most active group. This growing diversity reflects the platform's mission to make private investing more accessible, inclusive, and representative of the wider population. That same commitment extends to the companies raising capital on the platform. Thirty-four percent of the businesses in FrontFundr's portfolio are led by underrepresented groups—including 19% founded or led by women. Importantly, the model is delivering results: 87% of companies funded through FrontFundr remain active, with 13.7% having already achieved liquidity events—including notable 2024 exits from Hempalta and Liquid Wind. Innovation That Scales With the MarketOver the past year, FrontFundr introduced a redesigned investment workflow, launched the FrontFundr Elite Circle for experienced investors, and partnered with leading U.S.-based platforms StartEngine, Republic, and WeFundr to give Canadians access to top-tier AI and tech opportunities south of the border. These improvements helped drive a 17% increase in average investment size and a 97% jump in new investors last year alone. Celebrating a Decade—and Looking AheadTo mark its 10-year milestone, FrontFundr will host a community celebration on Tuesday, June 10th at OneEleven in Toronto, featuring a fireside chat with CEO Peter-Paul Van Hoeken, investor panels, and a showcase of standout campaigns. The event brings together investors, founders, and ecosystem partners to reflect on the last decade—and toast to the next one. 'We've seen what's possible when everyday people are invited to invest in the ideas they believe in,' said Trieste Reading, VP of Growth at FrontFundr. 'Over the past decade, we've built more than a platform—we've built a movement. Now we're scaling that vision across Canada and beyond, proving that inclusive capital is the future of investing.' About FrontFundrFrontFundr is Canada's leading private markets investing platform, empowering startups and growth-stage companies to raise capital from their biggest supporters—everyday Canadians. Since 2015, FrontFundr has enabled thousands of investors to access vetted investment opportunities in private companies, reshaping who gets to participate in building the future. Learn more at Media Contact:Trieste ReadingVP of Growth, FrontFundrtrieste@ (604) 910-5074Sign in to access your portfolio
Globe and Mail
30-04-2025
- Business
- Globe and Mail
FrontFundr Shatters Records, Releases 2024 Community Capital Report
TORONTO, April 30, 2025 (GLOBE NEWSWIRE) -- FrontFundr, Canada's leading equity crowdfunding platform, today unveiled its 2024 Community Capital Report, showcasing a groundbreaking year that signals a major shift in Canada's private investing landscape. In 2024, the platform facilitated an impressive $68.3 million in capital across 66 successful campaigns, more than doubling the amount raised in 2023. This milestone marks a turning point in how Canadians are engaging with private markets and demonstrates the growing appeal of equity crowdfunding. Since its launch in 2015 through December 31, 2024, FrontFundr facilitated over $258 million in capital through nearly 28,000 investments through its online platform, solidifying its leadership in Canada's fast-growing equity crowdfunding sector. The platform now holds an impressive 93% market share under the National Instrument 45-110 Startup Crowdfunding (prospectus) Exemption, underscoring its pivotal role in democratizing access to capital for early-stage companies. Noteworthy campaigns in 2024 include Blossom Social, which raised $1.35 million in just 3.5 days, and Edison Motors, which secured $2.4 million in 2024 alone—setting new benchmarks for crowdfunding success in Canada. "Equity crowdfunding is no longer a niche alternative; it's becoming a central component of how Canadians invest in the future they want to build," said Peter-Paul Van Hoeken, Founder and CEO of FrontFundr. "Our growth reflects a broader movement toward the retailization of private markets, empowering the public to participate, providing emerging companies better access to capital, and creating a more inclusive financial system." Key highlights from the 2024 report include: Investor Growth: Women now represent 26% of investors; individuals aged 30–39 were the most active investors. Sector Leadership: Finance led with over $55 million raised, followed by strong growth in technology, cleantech manufacturing, and food & beverage. Regional Highlights: Ontario led with $35.6 million raised, followed by British Columbia and a resurgent Alberta, with notable growth across the Prairies. Strong Portfolio Performance: 87% of FrontFundr-funded companies remain active, with 13.7% achieving liquidity events—including notable 2024 exits from Hempalta and Liquid Wind. Platform Innovation: New features like a redesigned investment workflow, the launch of FrontFundr Elite Circle, and a partnership with StartEngine offering access to U.S. AI deals fueled a 17% increase in average investment size and a 97% increase in new investors. Platform innovations—including a streamlined investment journey, the launch of FrontFundr Elite Circle, and a partnership with StartEngine to access U.S. Accredited Investor-only opportunities—helped boost average investment size by 17% and nearly double new investor sign-ups. 'This report captures a pivotal moment for Canada's private markets,' said Trieste Reading, VP of Growth at FrontFundr. '2024 wasn't just a breakout year for FrontFundr — it signaled a broader shift in how Canadians think about investing and ownership. Canadians are stepping up to back the businesses and causes they care about — and that's changing the future of finance.' The release of the 2024 Community Capital Report comes at a time of growing global momentum to expand access to private markets. This shift was underscored by BlackRock CEO Larry Fink's 2025 annual letter, which called for democratizing private market opportunities so everyday investors—not just the wealthy—can benefit from the returns of economic growth. As FrontFundr approaches its 10th anniversary in 2025, the platform remains steadfast in its mission to open doors for all Canadians to invest in businesses that reflect their values and shape the future. The full Community Capital Report 2024 is available at About FrontFundr FrontFundr is Canada's leading private markets investing platform, empowering startups and growth-stage companies to raise capital from their biggest supporters—everyday Canadians. Since 2015, FrontFundr has enabled thousands of investors to access vetted investment opportunities in private companies, from promising startups to established growth businesses. Whether you're a seasoned investor or making your first-ever investment, FrontFundr makes it easy to participate in building the future of innovation and entrepreneurship in Canada. Learn more at
