ChemTech AI
About this raise
ChemTech AI, with a valuation of $20 million, is raising funds on StartEngine. The company has developed AI-based software for future manufacturing. The software operates food, chemical, and cosmetic production lines fully autonomously and highly efficiently. It also makes the manufacturing process waste-free, energy-efficient, and low-carbon emission. The AI operator of ChemTech AI is being used by companies like International Flavors & Fragrances and has won several awards. Oleg Giiazov founded ChemTech AI in October 2017. The current crowdfunding campaign has a minimum target of $9,999.65 and a maximum target of $1,069,999.10. The campaign proceeds will be used to scale and grow.
Investment Overview
Invested $97,819 :
Deal Terms
Company & Team
Company
- Year Founded
- 2017
- Industry
- Industrial Services
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
Financials
- Revenue +25% YoY
- $975,003
- Monthly Burn
- $17,381
-
Runway
- 0.7 months
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- Yes
Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
---|---|---|---|---|---|---|
09/06/2022 | StartEngine | $19,970,699 | $97,819 | Equity - Preferred | Funded | RegCF |