Caribbean Water Technologies
About this raise
Caribbean Water Technologies, with a $3 million valuation cap, is raising funds on Wefunder. It is a water purification company that uses advanced water purification technology for residential and commercial water purification. The Caripur H2O technology uses AI to measure system information and environmental data in real-time and give advance warnings on water problems. Nimon Bondurant founded Caribbean Water Technologies in March 2021. The proceeds of the current crowdfunding campaign, with a minimum raise of $100,000 and a maximum raise of $1,000,000, will be used for R&D, continued advancement of machine learning, sustainability development, infrastructure, personnel, and working capital. Caribbean Water Technologies has one awarded and two derivative patents pending for intelligent water purification.
Investment Overview
Invested $121,910 :
Deal Terms
Company & Team
Company
- Year Founded
- 2021
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Medium
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
08/21/2021 | Wefunder | $3,000,000 | $121,910 | Convertible Note | Funded | RegCF |