Flash Scientific Technology
Lightning Prediction Technology
Overview
Raised: $490,293
Total Commitments ($USD)
Platform
StartEngine
Start Date
02/16/2023
Close Date
04/30/2023
Min. Goal
$10,000
Max. Goal
$2,999,999
Min. Investment
$101
Security Type
Equity - Common
Series
Seed
SEC Filing Type
RegCF
Price Per Share
$0.75
Pre-Money Valuation
$90,669,879
Rolling Commitments ($USD)
Status
Active
Reporting Date
03/23/2023
Days Remaining
38
% of Min. Goal
4,903%
% of Max. Goal
16%
Likelihood of Max
Avg. Daily Raise
$14,008
# of Investors
137
Momentum
Create a free account today to gain access to KingsCrowd analytics.
Year Founded
2020
Industry
Energy, Power, & Natural Resources
Tech Sector
AgriTech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Flash Scientific Technology, with a valuation of $90.67 million, is raising funds on StartEngine. It is a weather intelligence company that uses artificial intelligence to predict lightning. Flash Scientific Technology has the patented prototype to predict lightning with 15-25 minutes of lead time, 96.5% accuracy in summer, and 99.6% accuracy in other seasons. The company has recently signed a deal with Baron Industries and partnered with 1200.aero to bring the technology to airports and news outlets. Jason Deese founded Flash Scientific Technology in August 2020. The current crowdfunding campaign has a minimum target of $9,999.75 and a maximum target of $3 million. The campaign proceeds will be used for marketing, research and development, and working capital.
Summary Profit and Loss Statement
| Most Recent Year | Prior Year | |
|---|---|---|
|
Revenue |
$0 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$0 |
$-19,905 |
Summary Balance Sheet
| Most Recent Year | Prior Year | |
|---|---|---|
|
Cash |
$658,542 |
$63 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$839,329 |
$63 |
|
Short-Term Debt |
$5,000 |
$4,567 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$5,000 |
$4,567 |
Financials as of: 02/16/2023
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 |
|---|---|---|---|---|---|---|---|
| Flash Scientific Technology | 04/30/2023 | StartEngine | $90,669,879 | $490,293 | Equity - Common | Active | RegCF |
| Flash Scientific Technology | 06/16/2022 | StartEngine | $89,755,758 | $401,578 | Equity - Common | Funded | RegCF |
| Flash Scientific Technology | 04/30/2021 | StartEngine | $10,200,000 | $1,069,158 | Equity - Common | Funded | RegCF |
Create a free account today to gain access to KingsCrowd analytics.
Upgrade to gain access
Pay Monthly
Annually (Save 17%)
-
$12.42 /month
billed annually - Free portfolio tracking and KingsCrowd's quantitative ratings on all raises.
- Plan Includes:
- Everything in Free, plus
- Company specific
KingsCrowd ratings (excluding risk)
- Advanced company search ( with ratings)
- Markets page filters and historical industry data
- Get Edge Annual
Edge
-
$41.58 /month
billed annually - Full site access including KingsCrowd's qualitative analyst reports.
- Plan Includes:
- Everything in Edge, plus
- Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
- Search and filter based on Analyst Reports
- In-depth risk ratings for every raise
- Get Edge Pro Annual
Edge Pro
Already a member? Log in here.
Ratings 
Wall Street has Morningstar, S&P, and Bloomberg
The equity crowdfunding market has KingsCrowd.
Are you the founder of Flash Scientific Technology? Create your account today to claim this raise page.