BisonEV Retrofits
Growth Stage
Converts fossil fuel vehicles to electric
Overview
Raised: $35,810
Total Commitments ($USD)
Platform
Castle Placement
Start Date
01/10/2022
Close Date
04/29/2023
Min. Goal
$25,000
Max. Goal
$5,000,000
Min. Investment
$250
Security Type
Equity - Common
Series
Pre-Seed
SEC Filing Type
RegCF
Price Per Share
$1.00
Pre-Money Valuation
$213,450,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
04/29/2023
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$76
# of Investors
27
Momentum
Funded
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Year Founded
2021
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Low
Capital Intensity
High
BisonEV Retrofits, with a valuation of $213.4 million, is raising funds on Castle Placement. The company has developed an internal combustion engine retrofitting technology that turns fossil fuel vehicles into exhaust-emissions-free. The targets of BisonEV Retrofits include school buses, last-mile delivery vans, and ridesharing vehicles that are significant polluters but are committed to transition towards electrification. BisonEV Retrofits is already in strategic partnerships and alliances with many companies and aims to grow and expand soon. Erasmus Johannes Venter founded BisonEV Retrofits in July 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $5,000,000. The campaign proceeds will be used for growth and expansion.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$0 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$0 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$0 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 01/10/2022
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