Avadi Engines

Avadi Engines

Early Stage

Re-Imagining Power

Re-Imagining Power

Overview

Raised this Round: Raised: $212,287

Total Commitments ($USD)

Platform

StartEngine

Start Date

08/23/2022

Close Date

12/23/2022

Min. Goal
$9,999
Max. Goal
$1,069,998
Min. Investment

$300

Security Type

Equity - Common

Series

Pre-Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$3.00

Pre-Money Valuation

$33,750,000

Year Founded

2014

Industry

Industrial Services

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Low

Capital Intensity

High

Location

Yakima, Washington

Business Type

Growth

Avadi Engines, with a valuation of $33.8 million, is raising funds on StartEngine. The company is attempting to redesign internal combustion engines with its revolutionary combustion engine. Avadi Engines’ patented 4-stroke Avadi MA-250 gas engine is lighter, more fuel-efficient, and more eco-friendly than traditional engines. Avadi Engines has four issued patents in the US, Canada, Taiwan, and Singapore and aims to obtain additional international patents. Landon Wilkinson founded Avadi Engines in September 2014. The current crowdfunding campaign has a minimum target of $9,999 and a maximum target of $1,069,998. The campaign proceeds will be used for research and development, and growth.

Summary Profit and Loss Statement

Most Recent Year Prior Year

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-330,930

$-193,679

Summary Balance Sheet

Most Recent Year Prior Year

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$283,484

$296,983

Short-Term Debt

$8,591

$0

Long-Term Debt

$308,840

$0

Total Liabilities

$317,431

$0

Financials as of: 08/23/2022
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Avadi Engines on StartEngine 2022
Platform: StartEngine
Security Type: Equity - Common
Valuation: $33,750,000
Price per Share: $3.00

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Follow Avadi Engines on StartEngine 2022

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