Avadi Engines
About this raise
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.
Investment Overview
Invested $212,287 :
Deal Terms
Company & Team
Company
- Year Founded
- 2014
- Industry
- Industrial Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Low
- Capital Intensity
- High
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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 |
---|---|---|---|---|---|---|
12/23/2022 | StartEngine | $33,750,000 | $212,287 | Equity - Common | Funded | RegCF |