CarbonScape locks down minimum $400,000 in crowdfunding

Sun, 16 Nov 2014

By Suze Metherell Nov. 17 (BusinessDesk) - CarbonScape, the developers of a green alternative to coking coal used in steel making, has raised its minimum $400,000 target through online equity crowd funding. The Christchurch-based company is looking to raise up to $1.5 million through equity crowd funding platform, Snowball Effect, offering shares at 20 cents apiece with a minimum investment of $1,000 and will use the proceeds to fund the commercialisation of its "green coke". Since the offer launched on Oct. 23, 104 investors have pledge...

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