Ichor
About this raise
Ichor, with a pre-money valuation of $83.9 million, is raising crowdfunding on StartEngine. The company has developed injectors to drive up diesel fuel economy to 30% and decrease emissions by 90%. Ichor’s RKI, a diesel fuel injector, has the potential to combat climate change and reduce emissions by reducing both Particulate Matter and NOx emissions. Trevor Bates founded Ichor in 2018. The current crowdfunding round has a minimum target of $9,997.44 and a maximum target of $4,999,989.36, and the funds will be used for social media marketing, payroll taxes and benefits, office expenses, hardware engineering, software engineering, and license fee. Ichor is a Geneva award winner and has patents filed in over 25 countries.
Investment Overview
Invested : $77,350
Deal Terms
Total Commitments
- Platform
- StartEngine
- Start Date
- 06/02/2021
- Close Date
- 11/18/2021
$9,997
$4,999,989
$246
Equity - Common
Pre-Seed
RegCF
$4.92
$83,907,599
Company & Team
Company
- Year Founded
- 2021
- Industry
- Energy, Power, & Natural Resources
- Tech Sector
- Distribution Model
- B2B
- Margin
- Medium
- Capital Intensity
- High
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Funding history
| Close Date | Platform | Valuation | Total Raised | Security Type | Status | Reg Type |
|---|---|---|---|---|---|---|
| 11/18/2021 | StartEngine | $83,907,599 | $77,350 | Equity - Common | Funded | RegCF |