Aquagga

Early Stage

Ending toxic PFAS 'forever chemicals' in water

Overview

Raised to Date: Raised: $51,050

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/24/2023

Close Date

04/30/2023

Min. Goal

$50,000

Max. Goal

$400,000

Min. Investment

$250

Security Type

SAFE

Series

Seed

Funding Type

RegCF

Valuation Cap

$13,000,000

Discount Rate

0%

Rolling Commitments ($USD)

Status

Active

Reporting Date

02/02/2023

Days Remaining

87

% of Min. Goal

102%

% of Max. Goal

13%

Likelihood of Max
likely
Avg. Daily Raise

$5,672

# of Investors

13

Momentum
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Location

Tacoma, Washington

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Business Type

Growth

Aquagga, with a valuation of $13 million, is raising funds on Wefunder. The company has developed its award-winning patented technology that is able to break PFAS molecules and destroy them. PFAS molecules are potentially carcinogenic and very harmful to the human body and do not get broken easily due to their strong chemical bonds. Aquagga’s technology breaks these carbon-fluoride bonds, destroys PFAS molecules, and protects humans and the environment. Nigel Sharp, Chris Woodruff, and Brian Pinkard founded Aquagga in August 2019. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $400,000. The campaign proceeds will be used for marketing, trade show engagement, intellectual property protection, and working capital.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$301,685

$3,500

COGS

$222,659

$2,827

Tax

$0

$0

 

 

Net Income

$-136,168

$343

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$18,821

$23,435

Accounts Receivable

$25,248

$0

Total Assets

$54,549

$24,573

Short-Term Debt

$16,491

$246

Long-Term Debt

$157,777

$8,054

Total Liabilities

$174,268

$8,300

Financials as of: 01/24/2023
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Aquagga on Wefunder 2023
$
Platform: Wefunder
Security Type: SAFE
Valuation: $13,000,000

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