Airthium on Wefunder 2022 – KingsCrowd

0
34

[ad_1]

Valuation Cap

$55,000,000

Reporting Date

07/23/2022

Likelihood of Max

Momentum

cold.svg

Create a free account today to gain access to KingsCrowd analytics.

Location

Wilmington, Delaware

Industry

Energy, Power, & Natural Resources

Airthium, with a valuation of $55 million, is raising funds on Wefunder. The company has designed a long-duration battery that is cheaper than gas, coal, and nuclear. The battery of Airthium can store 100 times more energy at the same cost as it is powered by sun and wind. Airthium is now building a heat engine that can dramatically cut carbon dioxide emissions and pollution. Andrei Klochko and Franck Lahaye founded Airthium in 2017. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5,000,000. The campaign proceeds will be used for payroll, contractors, equipment, lab and office space, and administrative expenses.

Summary Profit and Loss Statement

Revenue

$230,796

$196,621

COGS

$0

$0

Tax

$-157,945

$-118,908

 

 

Net Income

$-536,360

$-176,074

Summary Balance Sheet

Cash

$947,199

$315,548

Accounts Receivable

$0

$0

Total Assets

$1,220,548

$504,695

Short-Term Debt

$106,131

$65,198

Long-Term Debt

$2,133,776

$922,496

Total Liabilities

$2,239,907

$987,694

Financials as of: 07/22/2022

Create a free account today to gain access to KingsCrowd analytics.

Raise History

Airthium 04/30/2023 Wefunder $55,000,000 $0 SAFE
Active
RegCF
Airthium 04/30/2021 Wefunder $17,000,000 $1,307,736 SAFE
Funded
RegCF

Create a free account today to gain access to KingsCrowd analytics.



[ad_2]