Earth Robotics

Earth Robotics

Early Stage

Automating Deliveries in Residential Buildings with Fully Automated Indoor Robots and MicroHubs

Automating Deliveries in Residential Buildings with Fully Automated Indoor Robots and MicroHubs

Overview

Raised this Round: Raised: $134,229

Total Commitments ($USD)

Platform

StartEngine

Start Date

02/26/2023

Close Date

07/06/2023

Min. Goal
$14,998
Max. Goal
$1,234,998
Min. Investment

$249

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.35

Pre-Money Valuation

$17,128,668

Year Founded

2020

Industry

Logistics, Delivery, & Supply Chain

Tech Sector

Hardwaretech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Virginia Gardens, Florida

Business Type

Growth

Earth Robotics, with a valuation of $17.13 million, is raising funds on StartEngine. The company aims to use fully-automated robotic technology to automate food delivery inside residential buildings. The patented robotic system of Earth Robotics is complete, and it has launched its first pilot robot and signed more contracts and LOIs. Earth Robotics has also created its MicroHubs to hold the parcels until the person decides to get them delivered. Ismael Emacha and Amir Emacha founded Earth Robotics in August 2020. The current crowdfunding campaign has a minimum target of $15,000 and a maximum target of $1.23 million. The campaign proceeds will be used for research and development, inventory, company employment, and working capital.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-613,987

$-151,118

Summary Balance Sheet

FY 2021 FY 2020

Cash

$3,807

$885

Accounts Receivable

$0

$0

Total Assets

$171,486

$36,610

Short-Term Debt

$0

$0

Long-Term Debt

$335,000

$0

Total Liabilities

$335,000

$0

Financials as of: 02/26/2023
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Earth Robotics on StartEngine 2023
Platform: StartEngine
Security Type: Equity - Common
Valuation: $17,128,668
Price per Share: $2.35

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Follow Earth Robotics on StartEngine 2023

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