FutureGen Robotics
About this raise
FutureGen Robotics, with a valuation of $35 million, is raising funds on StartEngine. The company develops AI solutions and mobile robots to simplify some labor-intensive tasks. FutureGen Robotics offers IoT engineering services, data integration, and engineering consulting services to its customers. The company has put eight units for beta testing and has received a positive response. Michael Letsky and Jeanne Letsky founded FutureGen Robotics in June 2021. The current crowdfunding campaign has a minimum target of $10,000 and a maximum target of $1,070,000. The campaign proceeds will be used to become the leading lawnmower brand and expand into new industries.
Investment Overview
Not Funded: $8,979
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 08/31/2021
- Close Date
- 03/01/2022
$10,000
$1,070,000
$250
Equity - Common
Early Stage
RegCF
$5.00
$35,000,000
Company & Team
Company
- Year Founded
- 2021
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2C
- Margin
- Medium
- Capital Intensity
- High
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Company Funding & Growth
Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 03/01/2022 | StartEngine | $35,000,000 | $8,979 | Equity - Common | Not Funded | RegCF |