Flower Turbines

Flower Turbines

Early Stage

Innovative Small Wind Turbines

Innovative Small Wind Turbines

Overview

Raised to Date: Raised: $1,069,804

Total Commitments ($USD)

Platform

StartEngine

Start Date

06/27/2018

Close Date

11/30/2019

Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment

$250

Security Type

Equity - Common

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$10.00

Pre-Money Valuation

$7,600,000

Rolling Commitments ($USD)

Status
Funded
Reporting Date

12/03/2019

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$2,057

# of Investors

1,941

Momentum
Funded
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Year Founded

2013

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Location

Lawrence, New York

Company Website

Flower Turbines is here to disrupt the wind turbine industry - one artistic wind turbine at a time. Their patented innovative small wind turbines show tulip shape displays in different images as they rotate. They use something called “the cluster effect,” which means that Flower Turbines make neighboring Flower Turbines, when spaced correctly, produce 20-50% more energy than when alone. This enables a new business model, as well as a mass-production manufacturing model. So far, Flower Turbines has won second place in the Cleantech Open, and in May 2018, they were one of the winners of the US-China Innovation Forum contest. As of June 2018, they’re negotiating a joint venture in China as well. The bottom line is that Flower Turbines makes clean energy without taking away land from agriculture or housing, or posing a threat to wildlife.
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Flower Turbines 04/28/2024 StartEngine $133,682,160 $929,518 Equity - Common Active RegCF
Flower Turbines 02/21/2024 StartEngine $124,570,000 $4,558,015 Equity - Common Funded RegA+
Flower Turbines 12/29/2021 StartEngine $61,700,000 $9,175,306 Equity - Common Funded RegA+
Flower Turbines 02/24/2021 StartEngine $26,017,770 $1,032,120 Equity - Common Funded RegCF
Flower Turbines 11/29/2019 StartEngine $7,600,000 $1,069,804 Equity - Common Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Flower Turbines on StartEngine
Platform: StartEngine
Security Type: Equity - Common
Valuation: $7,600,000
Price per Share: $10.00

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