AEV Charging
About this raise
AEV Charging, with a valuation of $10 million, is raising funds on StartEngine. The company is developing highly efficient electric vehicle charging stations and compatible software solutions. The patented technology of AEV Charging uses artificial intelligence to improve the efficiency of the charging process and reduce handshake problems. AEV Charging has received approval for four provisional patents and won a grant from the European Bank for Reconstruction and Development. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.24 million. The campaign proceeds will be used for marketing, research and development, operations, and legal expenses.
Investment Overview
Invested : $499,228
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 01/27/2023
- Close Date
- 01/03/2024
$15,000
$1,235,000
$250
Equity - Common
Early Stage
RegCF
$1.00
$10,000,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2022
- Monthly Burn
-
$38,944
as of FY2022
-
Runway
-
7.4 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $1,131,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/03/2024 | StartEngine | $10,000,000 | $499,228 | Equity - Common | Funded | RegCF |