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102%
Raised
£923,000
Investors
302
Target
£900,000

Convertible round

Rather than investing and immediately receiving shares, in this round payments will be transferred directly to the company and shares issued at a future date. A convertible allows a company to raise funds without having to agree a valuation. For more information please view our FAQs.

Almost half of the world’s population has never experienced the internet. BuffaloGrid’s solar-powered Hub aims to change that, by facilitating phone charging and making digital content available to all. Join them on their mission to get a billion people connected to the internet.

  • Working with Techfugees and UN agencies in refugee camps worldwide
  • Supported by the EU's H2020 Programme and Innovate UK
  • Grants received from InnovateUk and European Commission.
  • Memorandum of Understanding signed with Robi in Bangladesh
Information £800,000 of the funds reflected on the progress bar represent the private funds and matched funding provided by the Future Fund; the Company has already received these funds and this Crowdcube convertible is being completed on the same terms. Please see the below FAQs for more details

Idea

THE PROBLEM

Almost half the population of the world has never experienced the Internet.

In 2020, the consequences of the digital divide were starkly revealed by the COVID-19 pandemic, as people without connectivity were unable to work from home, attend school lessons or access healthcare services.

OUR SOLUTION

Our Solution is the BuffaloGrid Hub, a solar-powered device that can charge 10 portable electronic devices simultaneously and provide access to digital services.

The Hubs connects with the BuffaloGrid Cloud, a software platform accessible from anywhere, and users can access entertainment, sports, educational and health content via Wi-Fi.

Our users can stream our content within the reach of our WiFi for free, Premium users are able to download the content, for less than £1 per month, and consume it on the move.

NEXT STEPS

Funds from this round will be used to deploy our first hubs in Bangladesh, incorporate a company in Nigeria to start operating in the peri-urban regions of Lagos, and collaborate with Techfugees and UN agencies for the deployment of our services across refugee camps in Kenya and Uganda.

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Risk warning

Investments of this nature carry risks to your capital, including illiquidity, lack of dividends and dilution. Balance risk with a diversified portfolio. Read more. Approved as a financial promotion by Crowdcube Capital Limited, which is authorised and regulated by the Financial Conduct Authority.

Investment opportunities are not offers to the public and investors must be eligible Crowdcube members. Further restrictions and Crowdcube's limitation of liability are set out in the Investor Terms and Conditions. Please seek independent advice as required as Crowdcube does not give investment or tax advice.