eNERGY

eNERGY

Closed: Apr. 2025

About this raise

eNERGY, with a valuation of $15 million, is raising funds on PicMii. The company offers a range of products that generate and store power on demand using an effective combination of salt and water. eNERGY’s products are engineered for rapid deployment and reliable performance and can be used for outdoor adventures, off-grid living, and emergency situations. The innovative products of eNERGY include The Water Bottle, The SWPG Case, and Motion as eNERGY, and will soon be launching eNERGY clothes. Dr. Ahmad Glover founded eNERGY in January 2024. The current crowdfunding campaign has a minimum target of $9,999.90 and a maximum target of $999,999.90. The campaign proceeds will be used for research and development, general and administrative expenses, sales and marketing, and working capital.

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Investment Overview

Invested this round: $39,884

Deal Terms

Total Commitments

Platform
PicMii
Start Date
01/08/2025
Close Date
04/30/2025
Min. Goal
$10,000
Max Goal
$1,000,000
Min. Investment

$250

Security Type

Equity - Common

Company Stage

Early Stage

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$0.15

Pre-Money Valuation

$15,000,000

Company & Team

Company

Year Founded
2024
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B/B2C
Margin
Medium
Capital Intensity
Low
Location
Hampton, Virginia
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
No
Founder Name
Ahmad Glover
Title
Founding Advisor

Financials

 Revenue
$0
as of FY2023
 Monthly Burn
$4,589
as of FY2023
 Runway
0 months
as of FY2023

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-55,064

$0

Summary Balance Sheet

FY 2023 FY 2022

Cash

$0

$0

Accounts Receivable

$0

$0

Total Assets

$0

$0

Short-Term Debt

$1,094,917

$0

Long-Term Debt

$0

$0

Total Liabilities

$1,094,917

$0

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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
04/30/2025 PicMii $15,000,000 $39,884 Equity - Common Funded RegCF
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Add to portfolio
eNERGY on PicMii 2025
Platform: PicMii
Security Type: Equity - Common
Valuation: $15,000,000
Price per Share: $0.15

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Follow eNERGY on PicMii 2025

Buy eNERGY's Deal Report

Warning: according to the close date for this deal, eNERGY may no longer be accepting investments.

eNERGY Deal Report

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  • Scores on the founding team and key personnel's background and expertise

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