IceGiant
About this raise
IceGiant, with a valuation of $20 million, is raising funds on StartEngine. The company has developed a patented technology to cool even the most powerful computer chips. The cooling technology of IceGiant is reliable and effective and has a gravity-driven system for ultra longevity and safety. The first product of IceGiant, the ProSiphon Elite, was launched in 2021 and brought innovation to the stagnant PC cooling industry. IceGiant has established a presence in retail channels and signed its first distribution agreement. Oscar Martinez founded IceGiant in September 2013. The current crowdfunding campaign has a minimum target of $9,999.60 and a maximum target of $1,069,998.15. The campaign proceeds will be used for innovation, growth, and expansion.
Investment Overview
Invested : $292,652
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 07/19/2022
- Close Date
- 12/23/2022
$10,000
$1,069,998
$250
Equity - Common
Early Stage
RegCF
$1.95
$19,998,874
Company & Team
Company
- Year Founded
- 2013
- Industry
- Consumer Products, Goods & Services
- Tech Sector
- Distribution Model
- B2B2C
- Margin
- Low
- Capital Intensity
- High
Financials
- Revenue -9.6% YoY
- $412,162
- Monthly Burn
- $11,435
-
Runway
- 0.1 months
- Gross Margin
- 15%
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Company Funding & Growth
Funding history
- Total Prior Capital Raised
- $0
- VC Backed?
- No
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 12/23/2022 | StartEngine | $19,998,874 | $292,652 | Equity - Common | Funded | RegCF |