Carbon Dynamic, an award winning innovative low energy construction company creating affordable and low energy buildings, has beaten its crowdfunding target of £80,000 on Crowd2Fund.com.
The business, first established in 2012 by founder Matthew Stevenson, is the only modular manufacturer currently based in Scotland. The company’s modular design approach subdivides a system into smaller parts which can be independently created; a more sustainable, and cheaper, solution to housing building. The company also have the advantage of being able to build properties within a lead time of just four weeks, and have residents being able to move into them five days after completion.
In 2015 Carbon Dynamic won an Edge Award, recognising it one of Scotland’s most promising startup companies. After Stevenson’s training at the Royal College of Art in Fine Art and Sculpture, with a special focus on architectural shapes and new materials, he was inspired to start the company and completely reengineer the way buildings are designed and built. The company now plan to use the funds to introduce a number of new innovative processes to scale up demand, in order to help solve the housing crisis, with the UK currently needing a extra one million new homes a year.
Stevenson says: “We are concluding the implementation of our Design for Manufacturing and Assembly systems and processes, and we will use some of the funds to enable the full integration of DFMA across the business. The remaining funds will be use to bolster our working capital position in order to help service the £12m of projects in our sales pipeline.”
Carbon Dynamic’s crowdfunding campaign beat its initial target of £80,000, and raised £87,000 in total from 50 different investors, who will now benefit from 9% APR. It was the first campaign on Crowd2Fund.com to benefit from being included as part of the IFISA. All of the investors used this mechanism to place their funds, and will benefit from tax free interest growth.
Carbon Dynamic choose to raise their debut funds due to crowdfunding due to Crowd2Fund.com offering a direct and innovative approach:
“We are innovative in everything that we do and traditional or conventional approaches are often not where we can provide or achieve best value,” said Stevenson.
“The crowdfunding approach is about engagement and being able to demonstrate uniqueness and core values as commercial strengths, which better suits us than the more conventional approach offered by banks.”
For more information and details on how to invest, visit their campaign page here. 
Miranda Wadham on 13/06/2016