Farm To Flame Energy

Farm To Flame Energy

Growth Stage

Clean Electricity at Half the Cost of Diesel

Clean Electricity at Half the Cost of Diesel

Overview

Raised to Date: Raised: $36,200

Total Commitments ($USD)

Platform

Wefunder

Start Date

04/18/2024

Close Date

06/15/2024

Min. Goal
$50,000
Max. Goal
$5,000,000
Min. Investment

$100

Security Type

Equity - Preferred

Series

Series A

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$4.45

Pre-Money Valuation

$50,000,000

Rolling Commitments ($USD)

Status

Active

Reporting Date

05/21/2024

Days Remaining

24

% of Min. Goal

72%

% of Max. Goal

1%

Likelihood of Max
unlikely
Avg. Daily Raise

$1,097

Momentum
cold.svg
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2018

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B

Margin

Medium

Capital Intensity

High

Location

Syracuse, New York

Business Type

Growth

Farm to Flame Energy, with a valuation of $50 million, is raising funds on Wefunder. The company has developed a patented combustion process that uses biomass waste to make electricity. Farm to Flame Energy uses smokeless and odorless generators to provide electricity for commercial buildings. The company has signed $20 million of contracts with Cocoa Processing Company for a 5MW combined heat and power plant and has its working product charging electric vehicles and other electric appliances. Kwaku Jyamfi and Stefano Alva founded Farm to Flame Energy in June 2018. The current crowdfunding campaign has a minimum target of $50,000 and a maximum target of $5 million. The campaign proceeds will be used for equipment, labor, general administrative expenses, hiring, and installation of 1,000KW of Farm to Flame Energy generators.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$149,582

$48,969

COGS

$20,885

$19,338

Tax

$0

$0

 

 

Net Income

$254,385

$-299,423

Summary Balance Sheet

FY 2023 FY 2022

Cash

$208,527

$20,500

Accounts Receivable

$135,000

$0

Total Assets

$846,346

$286,304

Short-Term Debt

$744,048

$592,172

Long-Term Debt

$0

$0

Total Liabilities

$744,048

$592,172

Financials as of: 04/18/2024
Create a free account today to gain access to KingsCrowd analytics.

Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Farm To Flame Energy 06/14/2024 Wefunder $50,000,000 $36,200 Equity - Preferred Active RegCF
Farm to Flame Energy 04/29/2023 Wefunder $10,500,000 $309,172 Convertible Note Funded RegCF
Create a free account today to gain access to KingsCrowd analytics.

Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
Farm to Flame Energy on Wefunder 2024
Platform: Wefunder
Security Type: Equity - Preferred
Valuation: $50,000,000
Price per Share: $4.45

Follow company

Follow Farm to Flame Energy on Wefunder 2024

Buy Farm To Flame Energy's Deal Report

Farm To Flame Energy Deal Report

Get KingsCrowd’s comprehensive report on Farm To Flame Energy including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether Farm To Flame Energy is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the Farm To Flame Energy deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge