Frontieras North America

Frontieras North America

Open  for investment

About this raise

Frontieras North America is raising funds on Dealmaker Securities. The company is using its patented FASForm energy technology to revolutionize the coal industry. Frontieras North America uses its technology and the Solid Carbon Fractionation process to transform coal into valuable commodities without burning it. The business is building multiple facilities, starting with the first facility in Mason County, West Virginia. Matt McKean and Joe Witherspoon founded Frontieras North America in March 2021. The current crowdfunding campaign has a minimum target of $10,003.88 and a maximum target of $5 million. The campaign proceeds will be used for capital expenditures and general working capital.

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Investment Overview

Committed this round: $3,133,869

Deal Terms

Total Commitments

Platform
DealMaker Securities
Start Date
09/05/2024
Close Date
04/28/2025
Min. Goal
$10,004
Max Goal
$5,000,000
Min. Investment

$1,000

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$6.73

Pre-Money Valuation

$2,151,023,438

Company & Team

Company

Year Founded
2021
Industry
Energy, Power, & Natural Resources
Tech Sector
Cleantech
Distribution Model
B2B
Margin
Medium
Capital Intensity
Low
Location
Scottsdale, Arizona
Business Type
Growth
Company Website
Visit Website

Team

Employees
4
Prior Founder Exits?
Yes
Founder Name
Matthew McKean
Title
Chief Executive Officer
Founder Name
Joseph Witherspoon
Title
Chief Technology Officer & Executive Vice President

Financials

as of July 31, 2024
 Revenue
$0
 Monthly Burn
$49,258
 Runway
6 months

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-562,095

$-378,993

Summary Balance Sheet

FY 2023 FY 2022

Cash

$175,560

$36,007

Accounts Receivable

$0

$0

Total Assets

$320,560

$106,007

Short-Term Debt

$405,148

$0

Long-Term Debt

$0

$0

Total Liabilities

$405,148

$0

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Company Funding & Growth

Funding history

Total Prior Capital Raised
$850,000
VC Backed?
No
Close Date Platform Valuation Total Raised Security Type Status Reg Type
04/28/2025 DealMaker Securities $2,151,023,438 $3,133,869 Equity - Common Active RegCF
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Add to portfolio
Frontieras North America on Dealmaker Securities 2024
Platform: DealMaker Securities
Security Type: Equity - Common
Valuation: $2,151,023,438
Price per Share: $6.73

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