e’Lektrik
About this raise
e’Lektrik, with a valuation of $10 million, is raising funds on Wefunder. The company has developed a modular energy storage system that comprises hot-swappable and interchangeable battery modules. e’Lektrik’s battery modules lead to increased performance and reliability and allow sizing on-demand to scale in increments to different sizes. The components of the system can be added without powering down the system and can be replaced as electric energy flows into and out of the cabinet and battery pack. Pierre Richard Presna founded e’Lektrik in November 2020. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $124,000. The campaign proceeds will be used for research and development, marketing and advertising, operating costs, staffing, and working capital.
Investment Overview
Not Funded: $1,000
Deal Terms
Total Commitments
- Platform
- Wefunder
- Start Date
- 03/11/2024
- Close Date
- 04/29/2024
$50,000
$124,000
$100
SAFE
Early Stage
RegCF
$9,000,000
$10,000,000
10%
Company & Team
Company
- Year Founded
- 2020
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 04/29/2024 | Wefunder | $10,000,000 | $1,000 | SAFE | Not Funded | RegCF |