Clone
Early Stage
Designing synthetic humans capable of performing any task assigned
Overview
Raised: $0
Total Commitments ($USD)
Platform
Republic
Start Date
02/26/2023
Close Date
04/25/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$100
Security Type
SAFE
Series
Seed
SEC Filing Type
RegCF
Valuation Cap
$30,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Not Funded
Reporting Date
04/25/2023
Days Remaining
Not Funded
% of Min. Goal
Not Funded
% of Max. Goal
Not Funded
Likelihood of Max
Not Funded
Avg. Daily Raise
$0
Momentum
Not Funded
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Year Founded
2021
Industry
Industrial Services
Tech Sector
AutomationTech
Distribution Model
B2B/B2C
Margin
Low
Capital Intensity
High
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.
Summary Profit and Loss Statement
| FY 2021 | FY 2020 | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$-2,020 |
$0 |
Summary Balance Sheet
| FY 2021 | FY 2020 | |
|---|---|---|
|
Cash |
$298,065 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$298,065 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$300,000 |
$0 |
|
Total Liabilities |
$300,000 |
$0 |
Financials as of: 02/26/2023
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