Trillion Fund
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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 1,000,000, million, or (ten to the twelfth Exponentiation, power), as defined on the long and short scales, short scale. This is now the meaning in bot ...
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 (; 8 April 1941 – 29 December 2022) was an English fashion designer and businesswoman, largely responsible for bringing modern punk and new wave fashions into the mainstream. In 2022, ''Sky Arts'' ranked her the ...
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'', w ...
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 2011 establishments in the United Kingdom 2019 disestablishments in the United Kingdom Equity crowdfunding platforms Financial services companies established in 2011 Financial services companies disestablished in 2019 Defunct crowdfunding platforms of the United Kingdom