Elemental Computing
About this raise: Elemental Computing, with a valuation of $20 million, is raising funds on StartEngine. It has developed a simple server engine that enables a novice to create a well-connected Web3 application. The infrastructure of Elemental Computing allows game and app developers to transition to Web3 seamlessly and build the future of the industry with complex functionality support. The server engine, Elements, supports multiple blockchains and features generative minting tools, distributed databases, smart contracts, custodial wallets, and 3D character generation tools. Patrick Twohig founded Elemental Computing in September 2019. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Not Funded: $7,988
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 10/04/2022
- Close Date
- 01/02/2023
$10,000
$1,070,000
$250
Equity - Common
Seed
RegCF
$2.00
$20,000,000
Company & Team
Company
- Year Founded
- 2019
- Industry
- Business Services, Software, & Applications
- Tech Sector
- Distribution Model
- B2B
- Margin
- High
- Capital Intensity
- Low
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $100,000
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 01/02/2023 | StartEngine | $20,000,000 | $7,988 | Equity - Common | Not Funded | RegCF |