According to the Oil Industry Research and Technology Fund, the PetroCrowd crowdfunding platform will begin operations Wednesday after obtaining all necessary legal permits. The platform will initially provide working capital financing for two NTBFs active in the oil and energy sectors.

Individual and institutional investors seeking more information or wishing to participate in the investment projects can visit the platform’s website at www.ioic.ir. PetroCrowd is part of the “Beta” (Be Tavane Iran) financing package unveiled in May by First Vice President Mohammadreza Aref and Oil Minister Mohsen Paknejad. The package aims to attract public investment for productive and developmental projects in the oil industry.

Crowdfunding is a modern investment method that allows companies to raise capital through small contributions from a large group of investors.

PetroCrowd: The First Oil Industry Crowdfunding Platform

The Oil Industry Research and Technology Fund established PetroCrowd to develop innovative and effective financing methods for companies operating in the oil and energy sectors.

The crowdfunding process is carried out through PetroCrowd’s online platform under the supervision of Iran Fara Bourse (IFB) and the investment management firm KarAmad. The platform enables investors to participate in various projects and businesses and share in their profits.

The goal of the platform is to create new investment opportunities and support the growth of projects and companies in the oil, gas, petrochemical and energy sectors by pooling financial resources from stakeholders and directing them toward productive ventures. As a new financial tool, the platform offers an innovative path for mobilizing capital and accelerating key energy projects.

Crowdfunding: A Beneficial Option for Investors, Businesses

Crowdfunding offers both individual and institutional investors the chance to participate in high-potential, profitable projects with relatively small investments. PetroCrowd features screening and evaluation processes designed to reduce investment risks and improve conditions for participants. All projects on the platform are backed by valid bank guarantees to ensure capital return.

For businesses, crowdfunding provides an alternative to traditional financing sources such as bank loans and large-scale investors. It allows companies to secure funds quickly and at lower costs from a diverse pool of investors. Additionally, the transparent and traceable nature of the platform’s investment process builds investor confidence and fosters stronger, more direct relationships between companies and their backers.