Halo Energy

Halo Energy

Early Stage

Unlocking the Global Small Wind Turbine Market

Unlocking the Global Small Wind Turbine Market

Overview

Raised this Round: Raised: $92,000

Total Commitments ($USD)

Platform

StartEngine

Start Date

03/21/2024

Close Date

06/19/2024

Min. Goal
$10,000
Max. Goal
$618,000
Min. Investment

$499

Security Type

Equity - Common

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Price Per Share

$2.51

Pre-Money Valuation

$6,491,021

Year Founded

2017

Industry

Energy, Power, & Natural Resources

Tech Sector

Cleantech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Wellesley, Massachusetts

Business Type

Growth

Halo Energy, with a valuation of $6.49 million, is raising funds on StartEngine. The company has designed a proprietary and patented wind turbine technology to serve distributed energy applications worldwide. Halo Energy’s shrouded design enables its wind turbines to double the power output compared to conventional turbines of comparable size. The commercial 6-kilowatt wind turbine of Halo Energy has undergone successful full-scale testing and certification and stands at the forefront of the wind energy industry. Vincent Loccisano founded Halo Energy in December 2023. The current crowdfunding campaign has a minimum target of $9,999.84 and a maximum target of $617,999.65. The campaign proceeds will be used for engineering, R&D, manufacturing, business development, marketing and sales, public relations, patents and IP, US Small Wind Turbine Certification, and working capital.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-91,146

$-89,525

Summary Balance Sheet

FY 2023 FY 2022

Cash

$717

$5,868

Accounts Receivable

$0

$0

Total Assets

$717

$5,838

Short-Term Debt

$0

$0

Long-Term Debt

$0

$0

Total Liabilities

$0

$0

Financials as of: 03/21/2024
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Raise History

Offering Name Close Date Platform Valuation Total Raised Security Type Status Reg Type
Halo Energy 06/19/2024 StartEngine $6,491,021 $92,000 Equity - Common Funded RegCF
Halo Energy 04/15/2019 SeedInvest $4,000,000 $786,105 Convertible Note Funded RegCF / RegD 506(c)
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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.

Employee History

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Halo Energy on StartEngine 2024
Platform: StartEngine
Security Type: Equity - Common
Valuation: $6,491,021
Price per Share: $2.51

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Follow Halo Energy on StartEngine 2024

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Warning: according to the close date for this deal, Halo Energy may no longer be accepting investments.

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