Aquagga

Aquagga

Early Stage

Ending toxic PFAS 'forever chemicals' in water

Ending toxic PFAS 'forever chemicals' in water

Overview

Raised this Round:
$320,056 - RegCF
$495,056 - Total

Total Commitments ($USD)

Platform

Wefunder

Start Date

01/23/2023

Close Date

04/30/2023

Min. Goal
$50,000
Max. Goal
$400,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF / RegD 506(c)    Open SEC Filing

Early Bird Val. Cap

$10,000,000

Valuation Cap

$13,000,000

Discount

0%

Year Founded

2019

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Tacoma, Washington

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

FY 2021 FY 2020

Revenue

$301,685

$3,500

COGS

$222,659

$2,827

Tax

$0

$0

 

 

Net Income

$-136,168

$343

Summary Balance Sheet

FY 2021 FY 2020

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: 01/23/2023
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I wake up every day and wonder how I can help make the world a better place. In my own time, I volunteer and give to charities, I eat organic, I bike, and I compost. 

On a professional level, my goal is to identify the best and most impactful startups to invest in so they can bring positive changes to the world and great returns to investors.

I couldn’t be happier to work in this space. I get to talk to founders who are deeply passionate about solving climate change. Among them, many are launching startups in the energy, transportation, and food and agriculture industries.

Still, I don’t see a lot of startups trying to tackle pollution — at least, not a lot of good ones. So when I found Aquagga, I had to tell you that it is one of the best startups managing environmental pollution I’ve come across in a long time.

Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Aquagga on Wefunder 2023
Platform: Wefunder
Security Type: SAFE
Valuation: $13,000,000

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Follow Aquagga on Wefunder 2023

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