Farm to Flame Energy

Renewable on-site electricity at half the cost of diesel
Overview
Raised: $197,122
Total Commitments ($USD)
Wefunder
08/16/2022
04/30/2023
$50,000
$400,000
$100
Convertible Note
Seed
RegCF
$10,500,000
20%
Rolling Commitments ($USD)
Active
01/31/2023
89
394%
49%
$1,173
Syracuse, New York
Energy, Power, & Natural Resources
Cleantech
B2B
Medium
High
Summary Profit and Loss Statement
Most Recent Year | Prior Year | |
---|---|---|
Revenue |
$0 |
$0 |
COGS |
$0 |
$0 |
Tax |
$0 |
$0 |
| ||
| ||
Net Income |
$36,434 |
$-3,603 |
Summary Balance Sheet
Most Recent Year | Prior Year | |
---|---|---|
Cash |
$191,878 |
$804 |
Accounts Receivable |
$0 |
$0 |
Total Assets |
$306,256 |
$804 |
Short-Term Debt |
$9,988 |
$6,176 |
Long-Term Debt |
$267,206 |
$2,000 |
Total Liabilities |
$277,194 |
$8,176 |
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I’m originally from Indonesia’s capital city, Jakarta. And even though Jakarta is supposed to be the most advanced area in the country, power outages were normal when I was there. While I was growing up, the state power company would send us letters informing us that there was going to be a rolling outage to either save power or work on stabilizing the power.
No matter how much Indonesians have requested better and more dependable power, it never seems to happen. So people and businesses figure out their own solutions to ensure they have electricity when they need it. Those who can afford it commonly use diesel generators that are well-known for hurting the environment. Despite the pollution they cause, these generators are reliable and easy to get.
But now there is a cleaner and cheaper alternative to costly diesel generators. Farm to Flame Energy recognized that there are countries that lack access to reliable and affordable electricity. So it designed a two-part system that can provide 24/7 electricity for companies that produce large amounts of dry biomass — like woody debris, yard trimmings, and dry crop waste. The first half of Farm to Flame Energy’s solution takes the biomass and converts it into a highly efficient carbon powder. The company’s generators then use that powder as fuel. The generators are installed at the clients’ locations, alongside a storage tank that disburses the fuel as needed. The operation is completely automated and remotely monitored, so that clients can completely ignore the generators.