Freedom Motors
Growth Stage
Rotapower Rotary Engines and Gen-sets
Overview
Raised: $106,359
Total Commitments ($USD)
Platform
StartEngine
Start Date
09/04/2018
Close Date
01/04/2019
Min. Goal
$10,000
Max. Goal
$107,000
Min. Investment
$150
Security Type
Equity - Common
SEC Filing Type
RegCF
Price Per Share
$1.50
Pre-Money Valuation
$63,400,000
Rolling Commitments ($USD)
Status
Funded
Reporting Date
01/31/2019
Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise
$872
# of Investors
159
Momentum
Funded
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Year Founded
1997
Industry
Transportation, Automotive, Aviation, & Aerospace
Tech Sector
Location
Dixon, Nevada
Freedom Motors is developing rotapower rotary engines and gen-sets that are both environmentally friendly and efficient. Their Rotapower® rotary engine is small yet powerful, with multiple patented features that also make it flexible and durable. Freedom Motors can directly help with consumption of contaminated natural gas, a powerplant for personal air vehicles, and as a range extender for electric cars. Plus, the Rotapower® engine’s simplicity with only two moving parts means it’s cheaper than piston, turbine, or conventional rotary engines.
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