Clone
About this raise
Clone, with a valuation of $30 million, is raising funds on Republic. The company is using its technology to design synthetic humans capable of performing any task. Currently, the business has created a clone of the human hand using functional biomimetic design, monolithic tendon muscles, soft tissues, and molded bones. Based on the experience gained from creating the synthetic hand, Clone aims to build a whole synthetic human body. Dhanush Radhakrishnan and Lukasz Kozlik founded Clone in October 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for technology and product development, production, and infrastructure.
Investment Overview
Not Funded: $0
Deal Terms
Total Commitments
- Platform
- Republic
- Start Date
- 02/27/2023
- Close Date
- 04/25/2023
$25,000
$1,235,000
$100
SAFE
Early Stage
RegCF
$30,000,000
0%
Company & Team
Company
- Year Founded
- 2021
- Industry
- Industrial Services
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
-
$0
as of FY2021
- Monthly Burn
-
$168
as of FY2021
-
Runway
-
24+ months
as of FY2021
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $640,000
- VC Backed?
- Yes
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/25/2023 | Republic | $30,000,000 | $0 | SAFE | Not Funded | RegCF |