Solar tech startup GRYD has secured £1 million ($1.2 million) in pre-seed funding, according to Tech Funding News. GRYD was created in 2023 by Mohamed Gaafar, Scott Whiteside, and Tom Jordan to make solar energy accessible to everyone by allowing solar-as-subscription to newly built homes. The trio met at the Antler accelerator program, where they devised the idea for a company that would provide homeowners with zero-cost residential solar systems as energy costs continue to rise in the UK. The pre-seed round saw investments from SFC Capital and Black Seed
A new development project will bring over 100 affordable homes and a Black business hub to North Portland. The Williams & Russell project, managed by Williams & Russell CDC, will create 85 affordable apartments and 20 townhomes for sale on a block that has been vacant for nearly five decades. Significant Funding and Community Impact The project has already secured $10.3 million in funding, including $1.6 million recently announced by Oregon senators Ron Wyden and Jeff Merkley. An additional $23 million is pending from the Portland Housing Bureau and Prosper
