Ecotone Renewables (2023)
About this raise
Ecotone Renewables is raising funds on Honeycomb. It is a public benefit corporation in Pittsburgh, Pennsylvania, that is advancing sustainability in local communities. The business offers innovation and climate-smart practices for communities to achieve sustainability. Ecotone Renewables is also supporting urban agriculture with its anaerobic digestion technology to process food waste and replenish degraded soil. Dylan Lew, Kyle Wyche, and Elliott Bennett founded Ecotone Renewables in July 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $124,000. The campaign proceeds will be used for purchasing a new ZEUS digester, operations and distribution, marketing, R&D, and working capital.
Investment Overview
Invested : $124,000
Deal Terms
Total Commitments
- Platform
- Honeycomb
- Start Date
- 02/28/2023
- Close Date
- 04/16/2023
$25,000
$124,000
$100
Debt
Quarterly
RegCF
12.75%
5.0 years
Company & Team
Company
- Year Founded
- 2022
- Industry
- Farming & Agriculture
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
-
Revenue
-
$10,161
as of FY2022
- Monthly Burn
-
$14,204
as of FY2022
-
Runway
-
12.5 months
as of FY2022
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No