Alkane Truck Company
About this raise
Alkane Truck Company is raising funds on StartEngine. The company is preparing to launch a new line of trucks to fill much-needed market voids. Alkane Truck Company will offer trucks in five different fuel types, including those powered by compressed natural gas, gasoline, and liquid propane autogas. The company will also introduce a range-extended electric vehicle powertrain for its Dominator and Class 7 trucks in 2020. Robert Smith, III founded Alkane Truck Company in June 2011. The current crowdfunding campaign has a minimum target of $24,993.42 and a maximum target of $999,996.66. The campaign proceeds will be used for production, marketing, salaries, working capital, professional fees, and intellectual property.
Investment Overview
Invested : $97,185
Deal Terms
- Platform
- StartEngine
- Start Date
- 02/02/2017
- Close Date
- 07/21/2018
$24,993
$999,997
$247
Equity - Common
Early Stage
RegCF
$4.26
Company & Team
Company
- Year Founded
- 2011
- Industry
- Transportation, Automotive, Aviation, & Aerospace
- Tech Sector
- Location
- Myrtle Beach, South Carolina
- Company Website
-
Visit Website
Team
Financials
-
Revenue
-
$0
as of FY2016
- Monthly Burn
-
$96,177
as of FY2016
-
Runway
-
0.3 months
as of FY2016
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 07/21/2018 | StartEngine | - | $97,185 | Equity - Common | Funded | RegCF |