Caribbean Water Technologies

Caribbean Water Technologies

Closed: Aug. 2021

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.

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Investment Overview

Invested this round: $121,910

Deal Terms

Total Commitments

Platform
Wefunder
Start Date
04/14/2021
Close Date
08/21/2021
Min. Goal
$100,000
Max Goal
$1,000,000
Min. Investment

$100

Security Type

Convertible Note

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$3,000,000

Discount

0%

Company & Team

Company

Year Founded
2021
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Charlotte Amalie, U.S. Virgin Islands
Business Type
Growth
Company Website
Visit Website

Team

Employees
1
Prior Founder Exits?
No
Founder Name
Nimon Bondurant
Title
Managing Director

Financials

 Revenue
$0
 Cash on Hand
$0

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

$20

$0

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

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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
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Add to portfolio
Caribbean Water Technologies on Wefunder
Platform: Wefunder
Security Type: Convertible Note
Valuation: $3,000,000

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Warning: according to the close date for this deal, Caribbean Water Technologies may no longer be accepting investments.

Caribbean Water Technologies Deal Report

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