HyperKelp

HyperKelp

Early Stage

The Oceanic Mega-Constellation

The Oceanic Mega-Constellation

Overview

Raised to Date: Raised: $45,000

Total Commitments ($USD)

Platform

Spaced Ventures

Start Date

12/12/2022

Close Date

04/30/2023

Min. Goal
$25,000
Max. Goal
$400,000
Min. Investment

$250

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$10,000,000

Discount

20%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

04/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$326

# of Investors

41

Momentum
Funded
Create a free account today to gain access to KingsCrowd analytics.
Year Founded

2021

Industry

Business Services, Software, & Applications

Tech Sector

Hardwaretech

Distribution Model

B2B/B2C

Margin

Medium

Capital Intensity

High

Location

Encinitas, California

Business Type

Growth

HyperKelp with a valuation of $10 million, is raising funds on Spaced Ventures. The company has developed ocean surface level constellation of floating sensors persistently gathering data, allowing for more reliable climate and defense predictions. HyperKelp delivers ocean data as a service by deploying sensor-agnostic, hosted payload platforms for maritime awareness. Dr. Graeme Rae and Costas Soler founded HyperKelp in 2021. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $400,000. The campaign proceeds will be used to hire signal processing/data engineer, acquire inventory, general operational cost including partial coverage of officer salariesmarketing, R&D, feature improvements, salaries, cost of goods sold, and SG&A.

Summary Profit and Loss Statement

FY 2021 FY 2020

Revenue

$13,683

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-92,617

$0

Summary Balance Sheet

FY 2021 FY 2020

Cash

$103,682

$0

Accounts Receivable

$0

$0

Total Assets

$115,482

$0

Short-Term Debt

$86,247

$0

Long-Term Debt

$0

$0

Total Liabilities

$86,247

$0

Financials as of: 12/12/2022
Create a free account today to gain access to KingsCrowd analytics.

Upgrade to gain access

Pay Monthly
Annually (Save 17%)

Edge

$25 /month
billed annually
Free portfolio tracking, data-driven ratings, AI analysis and reports
Plan Includes:
Everything in Free, plus
Company specific KingsCrowd ratings and analyst reports
Deal explorer and side-by-side comparison
Startup exit and failure tracking
Startup market filters and historical industry data
Advanced company search ( with ratings)
Get Edge Annual
Already a member? Log in here.

Ratings KingsCrowd Startup Rating Methodology Article

Blurred Ratings Bars Blurred Ratings Bars
Founders: enhance your startup's credibility on KingsCrowd. Create an account to claim this raise page.
Add to portfolio
HyperKelp on Spaced Ventures 2022
Platform: Spaced Ventures
Security Type: SAFE
Valuation: $10,000,000

Follow company

Follow HyperKelp on Spaced Ventures 2022

Buy HyperKelp's Deal Report

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

HyperKelp Deal Report

Get KingsCrowd’s comprehensive report on HyperKelp including:

  • How our proprietary algorithm rates their current capital raise (1-5 stars)
  • Detailed price, market, team, differentiators, performance, and risk ratings
  • Whether HyperKelp is undervalued or overvalued
  • Scores on the founding team and key personnel's background and expertise

Buy the HyperKelp deal report for only $10!

Email address:
Looking to buy more than one deal report? Get unlimited reports by upgrading to Edge