Flower Turbines
About this raise: Flower Turbines, with a valuation of $148.11 million, is raising funds on StartEngine. The company has created small wind turbines that are sleek, innovative, and efficient. Flower Turbines also address the problems of turbulence and design and are disrupting the industry through the cluster effect of its turbines. The company has launched manufacturing and sales in the US and Europe and is scaling up manufacturing and sales with its 30-strong patent portfolio. Dr. Mark Daniel Farb founded Flower Turbines in December 2019. The current crowdfunding campaign has a minimum target of $9,996 and a maximum target of $3.3 million. The campaign proceeds will be used for marketing, research and development, company employment, operations, and working capital.
Investment Overview
Committed : $983,102
Deal Terms
Total Commitments ($USD)
- Platform
- StartEngine
- Start Date
- 09/05/2024
- Close Date
- 02/05/2025
$9,996
$3,276,826
$420
Equity - Common
Series A
RegCF
$14.00
$148,106,364
Company & Team
Company
- Year Founded
- 2013
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B/B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue +26% YoY
- $312,307
- Monthly Burn
- $110,000
-
Runway
- 4.5 months
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $16,621,417
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 02/05/2025 | StartEngine | $148,106,364 | $983,102 | Equity - Common | Active | RegCF |
| 05/31/2024 | StartEngine | $133,682,160 | $1,798,586 | Equity - Common | Funded | RegCF |
| 02/22/2024 | StartEngine | $124,570,000 | $4,558,015 | Equity - Common | Funded | RegA+ |
| 12/30/2021 | StartEngine | $61,700,000 | $9,175,306 | Equity - Common | Funded | RegA+ |
| 02/25/2021 | StartEngine | $26,017,770 | $1,032,120 | Equity - Common | Funded | RegCF |
| 11/30/2019 | StartEngine | $7,600,000 | $1,069,804 | Equity - Common | Funded | RegCF |
Growth Charts
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.
Valuation History
Price per Share History
Note: Share prices shown in earlier rounds may not be indicative of any stock splits.