Flower Turbines
Innovative Small Wind Turbines
Overview
Raised: $1,069,804
Total Commitments ($USD)
Platform
StartEngine
Start Date
06/28/2018
Close Date
11/30/2019
Min. Goal
$10,000
Max. Goal
$1,070,000
Min. Investment
$250
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$10.00
Pre-Money Valuation
$7,600,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
12/04/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$2,057
# of Investors
1,941
Momentum
Funded
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Year Founded
2013
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Location
Lawrence, New York
Flower Turbines is here to disrupt the wind turbine industry - one artistic wind turbine at a time. Their patented innovative small wind turbines show tulip shape displays in different images as they rotate. They use something called “the cluster effect,” which means that Flower Turbines make neighboring Flower Turbines, when spaced correctly, produce 20-50% more energy than when alone. This enables a new business model, as well as a mass-production manufacturing model. So far, Flower Turbines has won second place in the Cleantech Open, and in May 2018, they were one of the winners of the US-China Innovation Forum contest. As of June 2018, they’re negotiating a joint venture in China as well. The bottom line is that Flower Turbines makes clean energy without taking away land from agriculture or housing, or posing a threat to wildlife.
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Raise History
| Offering Name | Close Date | Platform | Valuation/Cap | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|---|
| Flower Turbines | 02/17/2024 | StartEngine | $124,570,000 | $1,391,239 | Equity - Common | Active | RegA+ |
| Flower Turbines | 12/30/2021 | StartEngine | $61,700,000 | $9,175,306 | Equity - Common | Funded | RegA+ |
| Flower Turbines | 02/25/2021 | StartEngine | $26,017,770 | $1,032,120 | Equity - Common | Funded | RegCF |
| Flower Turbines | 11/30/2019 | StartEngine | $7,600,000 | $1,069,804 | Equity - Common | Funded | RegCF |
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