Arco Technologies
About this raise
Arco Technologies, with a valuation of $77.8 million, is raising funds on PicMii. The company is involved in the development and manufacture of next-gen PEM fuel cells and AEM electrolyzers. Arco Technologies’ patented DIRECTLINK and SUPERNOVA technologies aim to give electric vehicles improved range and charging time with zero emissions. The company caters to commercial transport operators, trucking and logistics companies, work vehicle manufacturers, and maritime operators, and generates revenue through product sales, maintenance contracts, consulting services, and technology licensing. David Zabetakis founded Arco Technologies in January 2022. The current crowdfunding campaign has a minimum target of $9,994 and a maximum target of $1.8 million. The campaign proceeds will be used for R&D, marketing, industrialization and certifications, salaries, and working capital.
Investment Overview
Invested $467,415 :
Deal Terms
Company & Team
Company
- Year Founded
- 2022
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
Financials
-
Revenue
- $125,742
- Monthly Burn
- $102,530
-
Runway
- 1 months
- Gross Margin
- 32%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
09/05/2024 | PicMii | $77,799,999 | $467,415 | Equity - Common | Funded | RegCF |