About this raise
Ecolution Power, with a valuation of $24.97 million, is raising funds on StartEngine. The company has patented a new source of clean energy that recoups consumed energy from moving vehicles. Ecolution Power will recycle wasted kinetic energy and use it to help smart cities and the transportation industry achieve a net-zero carbon footprint. The company’s Module Active Response System (MARS) will enable trailers, rail trains, and subway cars to generate clean and cost-effective energy while in motion. Johanne G. Medina Then, Johnny Then-Gautier, and Craig T. Bouchard founded Ecolution Power in June 2020. The current crowdfunding campaign has a minimum target of $123,997.49 and a maximum target of $617,997.26. The campaign proceeds will be used for research and development, company employment, patents, and general expenses.
Investment Overview
Committed $35,681 :
Deal Terms
Company & Team
Company
- Year Founded
- 2020
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $5,830,000
- VC Backed?
- Yes
Growth Charts
Revenue History
Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.